Diplomacy
Addis Ababa Forum Scrutinizes Economic Dividends Ahead Of Russia–Africa Summit
The Reporter · 3 hours ago · Read the Full Story on The Reporter
AI SUMMARY
A policy dialogue in Addis Ababa examined whether Africa will gain tangible economic benefits from Russia's renewed diplomatic outreach ahead of the upcoming Moscow summit.
- The third Russia–Africa Summit is scheduled to open in Moscow on October 28–29.
- The University for Peace (UPEACE) hosted a high-level policy dialogue in Addis Ababa examining global power competition.
- During the dialogue Russian Ambassador to Ethiopia revealed that bilateral trade between Ethiopia and Russia reached USD191.2 million in the first half of 2025, according to the Russian Ambassador.
- Ethiopia's export volume to Russia remains modest, consisting primarily of coffee, flowers, oilseeds, and pulses.
- Furthermore, Zerubabel Tefera from Ethiopia's Ministry of Foreign Affairs dismissed allegations regarding African fighters in Ukraine as unsubstantiated accusations.
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