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The forum is being held as part of the third Russia–Africa summit, which brings together African leaders and officials to focus on expanding cooperation in trade, investment, technology and other areas.
Sputnik brings you live coverage as Russian President Vladimir Putin takes the podium at the plenary session of the Russia–Africa Economic and Humanitarian Forum in Moscow on Wednesday — part of the third Russia–Africa Summit.
Moscow’s Gostiny Dvor exhibition center plays host to the opening of the Third Russia–Africa Economic and Humanitarian Forum on October 28 at 1:00 p.m., starting with a plenary session. Some 4,000 Russian and African entrepreneurs have been invited to join more than 40 events across four key areas.
The event aims to bolster mutually beneficial cooperation between Russia and African countries in politics, security, trade, science, technology, culture and humanitarian affairs.
The inaugural Russia–Africa Summit was held in Sochi in October 2019, followed by the second one in St. Petersburg in July 2023.
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Table of contents
17:31 28.10.2026
Russia, Africa Need to Build System of Settlements in National Currencies: Putin
Russia and African countries need to build a system of settlements in national currencies, Russian President Vladimir Putin said on Wednesday.
"It is important to continue working on building stable channels of mutual settlements in national currencies, expand the network of correspondent relations between Russian and African banks, facilitate the mutual opening of their branches and switch to alternative payment information transmission mechanisms, including using the Bank of Russia's financial messaging system and the pan-African payment system operating in Africa and the African Union," Putin said at the plenary session of the Russia-Africa economic and Humanitarian forum.
African countries remain dependent on Western financial systems, which limits their sovereignty, Putin added.
The third Russia-Africa Economic and Humanitarian Forum and Summit will be held in Moscow on October 28-29. RIA Novosti is an information partner of the summit and the forum.
17:30 28.10.2026
Russia Genuinely Interested in Developing Cooperation With All African Countries: Putin
Russia is genuinely interested in developing cooperation with all African countries, Russian President Vladimir Putin said on Wednesday.
"In conclusion, I would like to reiterate that Russia is genuinely interested in the further, comprehensive development and deepening of trade, economic, and humanitarian cooperation with all African countries," Putin said at the plenary session of the Russia–Africa Economic and Humanitarian Forum.
The Russian president also identified education as a key area of partnership between Russia and African countries.
"Our country has always consistently supported the national liberation movements of African peoples, made a significant contribution to the establishment of independent African states and the overcoming of the legacy of the colonial era, and assisted in the development of their economies and the formation of capable armed forces," Putin said.
The third Russia-Africa Economic and Humanitarian Forum and Summit is taking place in Moscow on October 28-29. RIA Novosti is an information partner of the summit and the forum.
17:25 28.10.2026
Multipolar World Becoming Reality, This is an Irreversible Trend: Putin
A fairer world, in which the voices of the majority are heard, is replacing the unipolar world today, Russian President Vladimir Putin said on Wednesday.
"The era when the fate of entire continents was determined by a narrow bloc of states is irrevocably passing away. A more just world is coming to replace it, in which the voices of all countries participating in international communication should be heard," Putin said at the plenary session of the Russia-Africa economic and Humanitarian forum.
A multipolar world is becoming a reality, and this is an irreversible trend, Putin added.
The third Russia-Africa Economic and Humanitarian Forum and Summit will be held in Moscow on October 28-29. RIA Novosti is an information partner of the summit and the forum.
17:09 28.10.2026
16:56 28.10.2026
16:50 28.10.2026
16:45 28.10.2026
16:45 28.10.2026
