Putin cancels Africa’s debts worth over US$20 billion. Russia has become a key ally to many African countries, and Putin has made significant strides in strengthening the relationship between the two regions. At the “Russia-Africa in a multipolar world” conference, Putin reiterated Russia’s commitment to prioritizing cooperation with African nations. The cancellation of African debts is just one example of the bold steps Russia has taken to build a more productive and mutually beneficial relationship with the continent over the years.
Putin has cancelled more than $20 billion in debt owed by African countries. This debt had been accumulated during the Soviet era. In the past, Russia had attempted to collect these debts, which were mainly a result of Moscow’s previous alliances with African countries that supported its communist ideology. During this time, Russia provided military equipment and technical assistance to countries such as Angola, Algeria, the Democratic Republic of Congo (DRC), Ethiopia, Namibia, Mozambique, Morocco, and South Africa, among others. As a result, many African nations found themselves heavily indebted to Russia, with official documents estimating the total amount at $20 billion.
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Maybe the west will do the same they have raped an pillaged Africa
I love Russia ????????, I love Russian people. They are not cunning and deceitful.
Putin protects those he cares about! It's time for Africa!
developing Africa is the best strategy to help them fight against the West/NATO/EU team
Now all he has to do is remove his Wagner group. Then all is ????
russia wake up and decided, "you know what consider it as charity"
???? Ang yaman ng Russia
God bless Russia and God bless president Putin. A multipolar world appears to be the solution. Best wishes from Kenya, East Africa. ????????
It is more blessed to give than to receive ??????????????.
Blessed r the merciful, for they shall obtain Mercy in time of need. ????.
GOD Bless ???????? Russia n Russians under President Putin's prudent n diligent Leadership ????. ????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????
Russia uses the carrot, USA uses the stick
African has been the plundering ground for Europe and America.
The real beauty for humanity is charity of Russia. Such generous Country as Russia it is.