Russia intends to begin major investments in the construction of ports in Africa. At the moment, the strongest interest is in Algeria, Egypt, Tanzania and Senegal. The construction of ports is not accidental. It aims to help improve sea transportation of Russian goods for the countries and regions in question.
Most likely, Algeria and Egypt will be the first two African countries where Russia will build ports. Similar projects are implemented with a partnership between the investor and the respective country or port operator, and Russia has quite good relations with most of them, experts note.
Wheat, oil, cars and equipment are the most exported Russian goods to Africa. Double growth is noted in 2023 in the export of Russian petroleum products to Africa. There is also a significant increase in the supply of wheat.
The construction of ports in Africa is no accident. The continent is the main trade partner of the Russian Federation.
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