President Mahama back home after Russia-Africa Summit
Ghanaian President John Dramani Mahama returned from the Russia-Africa Summit in Moscow, where he discussed potential nuclear energy cooperation and trade partnerships. He emphasized historical ties and proposed new digital and financial collaborations between the two regions.
Why it matters
The summit highlights Russia's ongoing efforts to strengthen diplomatic and economic influence in Africa through infrastructure and technology partnerships.
President John Dramani Mahama on Saturday, October 31, returned home after participating in the Third Russia-Africa Summit in Moscow from October 28 to 29, hosted by Russian President Vladimir Putin.
At the summit, President Mahama elaborated on Ghana’s cooperation vision with Russia, stating that Ghana had initiated discussions with Russia’s Rosatom on building the country’s first nuclear power plant. He also recalled that the Soviet Union provided Ghana with a research reactor as early as 1964.
President Mahama invited Russian enterprises to invest in Ghana’s cocoa, cashew, horticulture, mineral processing and fertiliser production, among other fields. He proposed exploring the settlement of legitimate trade using local currencies and digital payment systems to reduce dependence on traditional payment systems. He also suggested establishing a Russia-Africa Digital Innovation and Artificial Intelligence Programme to promote joint research and technology transfer between universities and enterprises of both sides.
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