“It was not only an act of generosity, but also a manifestation of pragmatism, because many of the African states were not able to pay interest on these loans,” Putin told TASS on the eve of the Rusia-Africa Summit.
While addressing the Russia-Africa forum in Sochi, he called for trade between Russia and African countries to be doubled in the next four to five years.
Russia is actively offering economic cooperation and transfer of technology to Southeast Asia and Africa without the usual strings attached, and under more acceptable terms.
Singer Akon Has Done More for Africans in ONE Year Than Most Charities Have Done in DECADES