AREA

The railway connection will increase the volume of Russian exports to Africa to 50 billion dollars and even more More than $16 billion is the volume of Russia's exports to African countries today. By 2030, the figure is projected to increase to $50 billion. That could be more, but if railway connection is built on the continent. This was stated in an interview to the Russian Railways Partner by the executive secretary of the African-Russian Energy Association (AREA) Andrey Gromov. Africa has enormous potential not only as a resource base, but also as a sales market. In 2018, Paul Kagame, the head of the African Union, proposed creation of a free economic zone, and 44 African states supported this decision. There are no customs duties between the countries, therefore, to realize this potential, a wide network of railways across Africa is necessary for the development of the continent. African countries need a comprehensive development plan. Russia is a country that is strong in creating macro–systems and interstate, supranational projects. Russian engineers could help Africa with this. This plan should be connected not only with the laying of paths, but also with the creation of energy potential, with the design of the development of settlements, the expert noted. "Our organization, AREA, is currently working on creating a joint strategy for socio-economic cooperation between Russia and African countries. We invite companies to participate in the development of this document. The final concept of the development plan will be presented at the third Russia–Africa summit," Gromov added. Therefore, the railway is a great help. Some countries could simply become logistics hubs, and this would allow them to realize their potential faster, the expert concluded. #AREA#Africa#Railways#RussianRailways

Russia and Africa are laying fundamental foundations of socio-economic development On the air of the pan-african TV channel For You Media, experts discussed the speech of the Executive Secretary of the African-Russian Energy Association (AREA) Andrey Gromov during the First International B2B Business Forum Rusafro Expo 2024. Particular interest was on the expert's statement on barriers to cooperation between Russia and Africa, in particular administrative and bureaucratic ones. To remove these barriers, AREA, together with the Expert Council for the development of comprehensive cooperation with African countries under Deputy Chairman of the State Duma Alexander Babakov, held a joint meeting in July this year to identify optimal measures to support cooperation in the energy sector. "Reliable electricity supply is necessary for the development of industry and other sectors of the economy, including the service sector, as well as education and culture. It is with these fundamental foundations of economic development that Russia is ready to help Africa — to develop and implement complex projects of high complexity. Russia has such experience thanks to the powerful Soviet school," Gromov added. Rishabh Sethi, an expert analyst on international relations and a civilian diplomat, Mikhail Pozdnyakov, head of the French department of the African Initiative News Agency, and Yulia Berg, a political scientist, director of IBAC, founder of the Globus expert club, participated in the discussion. #AREA#RusafroExpo2024#RussiaAfrica#economyAfrica

Government support plays a significant role in relations between Russia and Africa This was stated by Vitaly Stepanov, CEO of the Moscow Export Center, during the First International B2B Business Forum Rusafro Expo 2024. "The share of African countries in Moscow's non-primary non-energy exports (NEE) is 13%. Moscow's share in the Russian Federation in this indicator is 30.5%. That is, a third of all exports of finished products come from the capital of Russia," he said. Stepanov named the top countries in terms of exports of petroleum products from Moscow: Egypt – 29.3%, Algeria – 17.9%, Sudan – 9.7%, Libya – 8.3%. Financial support from the Moscow government is already provided upon the conclusion of contracts. It consists of two measures: export cashback and an export grant. It is possible to receive up to 10 million rubles in Grand. This is additional support that an exporter can receive simply for his work, the expert added. #AREA#Russiafrica#RusAfroExpo2024

What is essential to develop cooperation between Russia and Africa? On October 16, the First International B2B Business Forum Rusafro Expo 2024 was held, during which representatives of government, business and state corporations from Russia and African countries discussed the development and strengthening of Russian-African cooperation, including in the field of trade. Andrey Gromov, member of the Board of AREA, founder of the GR-Group consulting agency, named the main missing link for realizing the continent's resource potential: "Africa's potential cannot be effectively used without creating its own industrial facilities and processing enterprises. And this is impossible without development of energy. Therefore, following the results of the first Russia-Africa summit, we decided to create an association of Russian manufacturers of energy equipment, Russian suppliers of energy services, AREA (African–Russian Energy Association)." The association embraces various companies that offer a wide range of management services, building network complexes, creating macro-projects, projects in gas generation, solar and wind energy are actively developing. Representatives of AREA also offer flexible solutions for payment system, including barter schemes, the expert added. "Africa is already showing high rates of economic growth, although there is no high industrial production on the continent. However, if we engage in the development of energy and, accordingly, industry, then the growth rate will increase by a multiple of 5-10 times," Gromov concluded. In addition, Anatoly Bashkin, Director of the Africa Department of the Russian Foreign Ministry, stated Russia's full support for Africa's aspirations to strengthen economic sovereignty. "Russia, as a country with solid potential and sufficient competencies in various fields of the economy, modern technologies, is ready to share its best practices, knowledge and experience with African friends, and carry out mutually beneficial trade interactions," the diplomat noted. #AREA#Russiafrica#RusAfroExpo2024

The dialogue between the peoples of Africa and Russia will take place within the framework of Rusafro Expo2024 The Rusafro Expo2024 International Business Forum will be held on October 16 at the Patrice Lumumba Peoples' Friendship University of Russia (RUDN). Within the framework of the forum, the RUDN will become the venue for many events aimed at developing dialogue between peoples. A plenary session, exhibitions, conferences, and round tables will be organized during the forum. The participants of the event will get acquainted with educational programs, take part in cultural events and establish contacts with representatives of other countries. This will contribute to the creation of new joint projects in various fields. Andrey Gromov, member of the Board of AREA, founder of the GR-Group consulting agency, will speak at the plenary session. The event was organized by the Russian-African Club and the African Business Club with the support of the secretariat of the Russia-Africa Partnership Forum (MFA of Russia). The forum will be held on October 16 from 10:00 to 18:00. #RussiaAfrica#AREA#Russia#EconomyAfrica#RusafroExpo2024

"Cooperation and work with resources": The State Duma named the necessary measures for the development of relations between Russia and Africa During the Round table "Legislative support for economic cooperation with African countries in the field of subsoil use", member of the Presidium of the Russian Academy of Sciences, Director of the Institute of Africa of the Russian Academy of Sciences Irina Abramova stated the need for an integrated approach in Africa: "It is necessary that not one company should enter, but several companies at once into one cluster. It is necessary to seek the creation of free economic zones, tax incentives from African states and simultaneously resolve humanitarian issues," the expert stressed. Tatyana Dovgalenko, recently appointed head of the secretariat of the Russia-Africa Forum, added in her speech that the continent needs to translate its "wealth" into sustainable economic growth: "African countries are faced with the task of converting liabilities into assets. That is, it is necessary to transfer their passive wealth, which they have in the form of resources, into an asset, into sustainable economic growth, into improving the well-being of their population." #RussiaАfrica#EconomyАfrica#Abramova#Dovgalenko

Cooperation between Russia and Africa in the area of mineral resources requires legislative support Round table "Legislative support for economic cooperation with African countries in the area of subsoil use" will be held on October 14. During the event…

Cooperation between Russia and Africa in the area of mineral resources requires legislative support Round table "Legislative support for economic cooperation with African countries in the area of subsoil use" will be held on October 14. During the event, representatives of government bodies, scientific organizations, business structures, development institutions, and state corporations will discuss possible measures to establish joint work between our country and the states of the continent. As part of the round table, Andrey Gromov, member of the board of AREA, founder of the consulting agency GR-Group, will present his vision. ❗️The purpose of the discussion is to develop proposals aimed at stimulating the development of economic relations between Russian companies and African partners in the field of subsoil use. 🗓Date and time: 14.10.2024, 14:00. The broadcast will be available on the website of the State Duma. #AREA#RussiaAfrica#cooperation#StateDuma

The Russian Construction Complex is a landmark event for the entire construction industry The results of the XV All-Russian conference "Russian Construction Complex: Challenges and Opportunities" were summed up by Anton Moroz, Vice-President of NOSTROI, Vice-President of the St. Petersburg Chamber of Commerce and Industry and the main ideologist of the conference since its foundation. "I would like to thank all the colleagues who have supported this Conference for 15 years, and I hope they will continue to support it. Indeed, it has become a landmark event not only for our city, but also for the entire construction industry," Moroz said. Vice President NOSTROI expressed special gratitude for the support of the conference and participation in it to the Ministry of Construction of the Russian Federation, the Federal Assembly of the Russian Federation, the State Duma, the National Association of Builders and the National Association of Prospectors. #AREA #NOSTROY#Africa#Russia#construction

Russia can offer Africa integrated territorial development projects Russia and the Soviet Union have made a great contribution to the development of the continent, showing what mutual assistance is even in difficult times. This was stated by South African representative Slauzi Mogami during the round table "New geopolitical priorities of Russia - the African vector: opportunities and challenges in the development of infrastructure projects". "As for cooperation between Russia and Africa directly in the construction industry, the Russian Federation has experience in integrated territorial development, and this experience is very important for African countries, which have a lot of land that they want to use wisely," she said. Despite the fact that cooperation is increasing, relations between Russia and African countries remain underestimated, and their potential is huge. BRICS will play an important role here, Mogami concluded. #AREA#RSC#Africa#constructioninAfrica#Russia

Russia will strengthen the responsibility of builders In Russia, the issue of increasing the responsibility of self-regulatory organizations (SROs) to their customers is on the agenda, said Anton Glushkov, president of the National Association of Builders (NOSTROY). At the XV All-Russian conference "Russian Construction Complex", Anton Glushkov, President of the National Association of Builders (NOSTROY), raised the current problems faced by the construction industry. He noted that it was necessary to review the role of self-regulatory organizations so that, like the shared-equity construction system, participation in SRO would ensure reliability and timely fulfillment of contracts to customers. "This is a difficult task from the economic and political side. However, if we do not solve it, it may cast doubt on the importance of the self—regulation system," Glushkov emphasizes. In addition, he added that self-regulation will continue to perform its functions, providing support to both business and government structures. An important tool in this process will be the business reputation assessment system, which will allow the parties to better understand the necessary support measures and increase the level of trust in the industry. #AREA#NOSTROY#Africa#Russia#construction

Special interest in Africa at the All-Russian Construction Conference International experts and analysts discussed the opportunities for Russian companies to work in Africa and the difficulties to be overcome at the round table "New Geopolitical Priorities…