Urgent.News

What's breaking now, across thousands of outlets.

More in World

Putin Claims Russian Firms Looking to Expand Manufacturing Across Africa

The president did not say which Russian companies were looking to set up shop in Africa, but boasted that they have “sufficiently high” investment potential.

  • Russian firms plan to expand manufacturing in Africa to bypass Western sanctions.
  • Putin addressed 48 African nations at the 2026 Russia-Africa summit in Moscow.
  • Trade between Russia and Africa could double to $50 billion in the near future.

More from Thursday 29 October →