Russia wrote off $20 billion of African countries’ debts ― Putin


Russian president, Vladimir Putin says Russia wrote off $20 billion of African countries’ debts that had accumulated during Soviet times.

According to The Moscow Times report, Putin said this during the Russia-Africa summit.

The first-ever Russia-Africa summit was held in Russia between Wednesday (October 23) and Thursday (October 24).

This, according to report was to restore Russia’s partnership with Africa continent since the fall of the Soviet Union.

Nigerian President, Muhammadu Buhari on Monday afternoon departs Abuja with delegates to attend the event along with other African leaders and their delegates.

Prior to the President’s departure, the Senior Special Assistant to the President on Media and Publicity, Garba Shehu in a statement on Sunday (October 22) said that the Summit would focus on exploring and expanding opportunities in security, trade and investment, science and technology, and gas production.

In total, 54 African countries were reported to be represented at the Russia-Africa summit.

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