President Vladimir Putin told African leaders on Wednesday that Russia was their best partner, accusing what he cast as a colonial West of still trying to exploit the continent’s resources and using debt to hold back development.
The Kremlin chief was speaking at the third Russia-Africa Summit in Moscow, a two-day event attended by African leaders and government delegations from 48 countries, during which he will hold one-on-one talks with many of the 22 individual African leaders attending on everything from trade to security, arms deals and grain supplies.
The event, first held in 2019, is part of a concerted push for Russian political, economic and military cooperation on the continent.
“Africa is increasingly asserting itself as one of the key players in the global economy and politics. However, the emergence of a multipolar world is, of course, no easy task; it faces resistance from countries that are not prepared to accept this reality: those who are accustomed to thinking in terms of their colonial past and to enriching themselves fabulously,” Putin told the summit.
He also spoke about what he called “active attempts by Western countries” to drive Africans back into debt bondage and to force them to accept much-needed financial resources on predatory terms, which he said slowed their long-term development.
Share know-how
By contrast, Putin said Russia was ready to share its know-how, including digital know-how, and localise production rather than just buy raw materials.
“Our business does not engage in the predatory, neo-colonial exploitation of natural and human resources, but rather expands the processing of raw materials locally, thereby creating new jobs and generating tax revenue,” said Putin.
Putin told the summit that Russia championed greater African influence in the IMF and World Bank, was ready to embark on joint transport and agricultural infrastructure projects and that a record number of Africans – around 40,000 – were currently studying at Russian universities.
Moscow also stood ready to supply grain and fertiliser to more than the 40 African countries which currently get them, added Putin, saying Russia had supplied 13 million metric tones of agricultural products to Africa in the first nine months of this year alone.

















