Russia is set to exploit available mineral resources across countries in the African continent.
President of Russia, Vladimir Putin, disclosed this at a forum in the Russian city of Sochi, where he met with Presidents of Nigeria, Uganda and Sudan.
He told the African leaders that Moscow is seeking their cooperation to explore the Continent’s mineral resource locations as investors from the country have already set aside huge amount of money for the project.
“We have big projects currently under way, including cooperation on the exploration of mineral resource bases. Russian investors have invested meaningful sums for example into gold mines in your country”, The Russian leader said.
Nigerian President, Muhammadu Buhari, expressed gratitude for Russia’s support in the fight against Boko Haram terrorists in the country.
In the Nigerian leaders words “Thanks to the support of our friends and allies like the Russian Federation, we have significantly reduced the terror of Boko Haram”,
In like manner, president of Uganda, Yoweri Museveni, praised Putin for Russia’s assistance in the supply of Ugandan military with Russian equipment.
“We want to buy more, we have been paying cash in the past cash, cash, cash and this slows down the pace because we must have cash to pay. What I propose is that you supply and we pay, that would be some sort of credit supply, will make us build faster”, Museveni said.
For his part, president of Uganda, Abdel Fattah Al Burhan, told the Russian leader he was expecting the approval of the bilateral agreement between the two countries to ramp up reforms in the military.
“From our side, we are waiting for the agreement on further cooperation between Sudan and Russia to be approved and signed by you so we can cooperate in reforming the military institution and developing the capacities of its armed forces’‘. he said.
According to president Putin, Russia has written off debts, owed by African countries, worth $20 billion, aside providing aid to the continent.