The RussiaAfrica Summit and Economic Forum, held in Sochi in 2019, broke new ground in international relations. Russia considers cooperation with African countries to be a foreign policy priority. Russian businesses are actively making their way to prospective markets. Logically, the African track has made it to the agendas of the Roscongress Foundations largest events and will be discussed in June at the upcoming St. Petersburg International Economic Forum. Director of the Institute for African Studies of the Russian Academy of Sciences Dr. Sc. (Econ) Irina Abramova discusses the measures that should be undertaken for the development of mutually beneficial cooperation.