EconomyRussia, Africa establish payment channels, with 85% of transactions in rubles
At the Russia-Africa summit, Vladimir Putin said Russia had established uninterrupted mutual-settlement channels with African countries, with the ruble accounting for 85% of Russian-African commercial transactions. He said the channels support economic and investment ties and help shield exchanges from external influence.
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TASS★★★☆☆2026-10-29 10:24Original
Russia, Africa establish payment channels, with 85% of transactions in rubles