African countries are becoming increasingly attractive for Russian businesses. This is largely due to the fact that Africa is becoming a global economic growth centre. According to experts, Africa’s GDP will have reached $29 trillion by 2050 — Vladimir Putin, President of the Russian Federation.
Apart from the ever so interesting commodities sector, promising investment opportunities include the energy sector, agriculture processing, urban development, fishery, education and medical services, and infrastructure development — Andrey Kostin, President, Chairman of the Management Board, Member of the Supervisory Council, Member of the Strategy and Corporate Governance Committee, VTB Bank.
A continent that stretches for 30 million square kilometers possesses incredible mineral deposits, up to the 30% of the global wealth. Africa leads in a number of minerals, such as magnesium, chrome, bauxites, gold, platinum, cobalt, and diamonds — Sergey Gorkov, General Director, Chairman of the management Board of Rosgeologia».
Africa remains and will remain a priority for our grain producers. We supply many countries of the continent with wheat. It is known to be a stable and high-quality product — Sergey Yushin, Head of the Executive Committee, National Meat Association.
Africa is among the most promising markets for Russian-made fertilizers. The last three years the consumption volume here is growing 4–5% annually, when the average global growth is at 1.5–2%. Today, Russian companies supply over a ton of produce to Africa, which amounts to 10% of the overall fertilizer consumption on the continent — Andrey Guryev, Chief Executive Officer, Chairman of the Management Board, PhosAgro .
The Roscongress Foundation is a socially oriented non-financial development institution and a major organizer of nationwide and international conventions; exhibitions; and business, public, youth, sporting, and cultural events. It was established in pursuance of a decision by the President of the Russian Federation.
The Foundation was established in 2007 with the aim of facilitating the development of Russia’s economic potential, promoting its national interests, and strengthening the country’s image. One of the roles of the Foundation is to comprehensively evaluate, analyse, and cover issues on the Russian and global economic agendas. It also offers administrative services, provides promotional support for business projects and attracting investment, helps foster social entrepreneurship and charitable initiatives.
Each year, the Foundation’s events draw participants from 208 countries and territories, with more than 15,000 media representatives working on-site at Roscongress’ various venues. The Foundation benefits from analytical and professional expertise provided by 5,000 people working in Russia and abroad.
The Foundation works alongside various UN departments and other international organizations, and is building multi-format cooperation with 180 economic partners, including industrialists’ and entrepreneurs’ unions, financial, trade, and business associations from 81 countries worldwide, and 186 Russian public organizations, federal and legislative agencies, and federal subjects.
The Roscongress Foundation has Telegram channels in Russian t.me/Roscongress, English – t.me/RoscongressDirect, Spanish – t.me/RoscongressEsp and Arabic t.me/RosCongressArabic. Official website and Information and Analytical System of the Roscongress Foundation:roscongress.org.