The President of "House of Africa": Russia is strengthening its business position in Africa

Moscow, October 1, 2025 🌍
Today, Odunlami Serge Phocas President of the Autonomous Non-Commercial Organization "House of Africa" and Chairman of the "Africa Calling" Business Club for Entrepreneurs and Top Managers of Eurasia and Africa, held an important meeting with students of the EMBA program at the RANEPA Presidential Academy.

The meeting focused on current issues of cooperation between Russia and Africa.
Particular attention was paid to the opportunities and prospects for developing Russian-African business ties. Experts emphasized the enormous potential of the African market, which offers broad horizons for Russian companies. Participants noted a significant increase in Russian business interest in developing partnerships on the continent.

Agriculture, energy, infrastructure, and technology were highlighted as key areas. These sectors demonstrate the greatest demand for the competencies and innovative solutions available to Russian companies.

Government institutions, including Vnesheconombank and the Russian Export Center, provide support to Russian businesses. Their efforts are aimed at strengthening the international standing of Russian companies and increasing their competitiveness in the global market.

According to Odunlami Serge Phocas, the personal initiatives and proactive steps of Russian business leaders play a key role in enhancing Russia's international prestige. His own experience and achievements serve as a shining example of successful interaction with African partners.

Thus, the meeting emphasized the importance of Russian entrepreneurs' active participation in developing bilateral economic relations, which foster mutually beneficial cooperation and increased prosperity for both sides.

✅ This meeting marked another step in promoting sustainable growth and effective cooperation between Russia and Africa, demonstrating the desire of Russian businessmen to actively explore new markets and develop international ties.