Russia wrote off $23 billion debt for Africa: Putin
![Russian President Vladimir Putin (Credit: BBC)](https://i1.wp.com/gazettengr.com/wp-content/uploads/images-4.jpeg)
Vladimir Putin, Russian President, says the Russian government has written off $23 billion debt burden of African countries.
Mr Putin spoke at the plenary session of the ongoing second Russia–Africa Summit 2023 holding from July 27 to July 28.
He said Moscow would allocate an additional $90 million for these purposes.
Mr Putin said Russia was advocating expansion of representation of African countries in the UN Security Council and other UN structures.
“Russia and Africa strive to develop cooperation in all areas and strengthen ‘honest, open, constructive’ partnership.
“Russia will also assist in opening new African embassies and consulates in Russia,” he said.
According to him, the reopening of embassies in Burkina Faso and Equatorial Guinea is going as planned.
He said sovereignty was “not a one-time achieved state,” and it must be constantly protected.
Mr Putin also offered assistance to Africa in countering threats such as terrorism, piracy, and transnational crimes, adding that it would continue to train personnel from African countries.
He assured that Russian businesses have a lot to offer partners from Africa.
Mr Putin said the transition to national currencies and the establishment of transport and logistics chains would contribute to the increase in mutual trade turnover.
“Russia is ready to provide trade preferences to Africa, support the creation of modern production sectors, agricultural sector, and provide assistance through relevant international structures and agencies.
“Russia will always be a responsible international supplier of agricultural products,” he said.
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
![Katsina State](https://i1.wp.com/gazettengr.com/wp-content/uploads/1863B29B-AC06-49E0-ADFA-655BBEC3389A.jpeg)
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
![POS machine](https://i1.wp.com/gazettengr.com/wp-content/uploads/POS-machine.jpg)
Lagos
Lagos govt. vows to deal with fuel stations, others over extra PoS charges
Mr Solebo warned fuel attendants and business owners to desist from all extra charges arising from using Point of Sale (PoS) machines for transactions.
![Dauda Lawal-Dare](https://i1.wp.com/gazettengr.com/wp-content/uploads/1BBDBBC3-F7BD-488D-8288-88243053E65E.jpeg)
States
Gov. Lawal submits 18 commissioner-nominees to Zamfara Assembly
“The speaker of the house, Alhaji Bilyaminu Moriki, unveiled the list in Gusau on Friday after a brief discussion with members of the house.”
![Yevgeny Prigozhin](https://i1.wp.com/gazettengr.com/wp-content/uploads/WhatsApp-Image-2023-07-06-at-11.54.22-PM.jpeg)
Africa
‘Exiled’ Russian mercenary boss Prigozhin hails Niger coup, touts services
“What happened in Niger is nothing other than the struggle of the people of Niger with their colonisers,” said the message.
![UN official Carl Skau](https://i1.wp.com/gazettengr.com/wp-content/uploads/E685C0BD-7ED4-46B6-AE8A-38F09864CB58.jpeg)
World
UN official warns world entering ‘humanitarian doom loop’
The WFP senior official said the Black Sea Grain Initiative collapse after Russia ended its engagement was “regrettable, to say the least.”
![African leaders at Russia-Africa summit](https://i1.wp.com/gazettengr.com/wp-content/uploads/436AA56B-FD21-4F76-89A3-E8B768240FEA-1200x625.jpeg)
Africa
African leaders press Putin to end Ukraine war, restore grain supplies
On Friday, he said Moscow respected the proposal and was carefully studying it, with Ukraine due to be discussed later at a working dinner.
![Davido](https://i1.wp.com/gazettengr.com/wp-content/uploads/Davido-Photo-Credit-Instagram.png)
Opinion
Farooq Kperogi: Why Yoruba and Hausa Muslims reacted differently to music video shared by Davido
Islam in Yorubaland hasn’t quite evolved from the accommodationist character it previously shared with Islam in pre-jihad Hausaland.