Russia writes off African debt worth over $20 BILLION – Putin
The maiden edition of the Russia-Africa summit is currently taking place in Sochi.
Earlier this year Russia announced they will be holding a summit and economic forum with the various African countries every 3 years and truth to their words, the Russia-Africa Summit has been birthed.
The summit sees heads of states of the over 50 African countries and diplomats meet and discuss business with the Russia government and businesses in the Euro-Asia country.
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Wednesday 23 October 2019, during the summit, the President of Russia, Vladimir Putin announced that Russia have written off African debt worth $20 Billion.
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