This archive report was first published on 25 October 2019.
On October 24, 2019, Russia's President Vladimir Putin officially opened the Russia-Africa Summit in Sochi, a two-day conference that brought together over 3,000 delegates, including at least 35 African heads of state and government.
The summit marked a significant shift in Russia's approach to Africa, as it sought to revive its influence on the continent and lift its business dealings. This move comes as a response to China's growing presence in Africa, which has provided unconditional financial and resource support to the continent over the past decade.
However, critics warn that Russia's efforts may come with a price, as African states may be tempted to take on debt to secure investments in energy, infrastructure, and security sectors. At least 13 African states are already debt-stressed, largely due to Chinese 'generosity.'
President Putin's promise to give Africa a 'free will' has been met with skepticism, as many African leaders have been accused of misusing external support for non-priority projects, perpetuating corruption and modern-day colonization.
As the summit concluded, concerns remain about the potential consequences of Russia's Africa push, with some fearing that it may lead to a new era of debt and dependency for the continent.
