SDG 8
May 17, 2021
Russian Exports to Sub-Saharan Africa Set Historical Record of $3.2 bln in 2020
Russian exports to Sub-Saharan Africa set a historical record of $3.2 billion in 2020 ($2.9 billion in 2019). In 2019, they represented 22% of Russia’s total export to Africa, in 2020 it achieved a 5 percentage point increase. All parts of Sub-Saharan Africa except for…
SDG 8
May 13, 2021
Russian Exports to Africa Decrease by 17%
Russian exports to Africa have decreased for the second year running: in 2020 they amounted to $11.8 billion, reaching the 2016 level. In 2019, they were $13.8 billion, representing a sharp decline since $17.5 billion in 2018 and stopping the overall growth trend since 2015.…
SDG 8
September 12, 2020
Eastern Africa Overtook Other Regions by its Growth Rates in 2010-2019
In 2019 Africa’s economic growth stabilized at 3.4% and was expected to increase to 3.9% in 2020 according to estimates from the African Development Bank. However, COVID-19 ruined all the forecasts and changed the tendency: in May 2020, the SDG Centre for Africa predicted the…
October 23, 2019
Agreement with Afreximbank for VEB’s participation in the trade promotion program as a confirming bank
On October 23, 2019, within the framework of the Russia-Africa Economic Forum, VEB.RF and Afreximbank signed an agreement on general rules and conditions for VEB’s participation in Afreximbank’s Trade Confirmation Guarantee Program as a confirming bank. The document was signed by the Deputy Chairman of…
