On Monday, President William Ruto’s management declared that Kenya and Russia will sign a trade contract with the intention to provide commercial connection. He said this after receiving Russian Foreign Minister, Sergei Lavrov in Nairobi.

Russia has made efforts to improve commercial connection with Africa and wishes to hold an Africa-Russia conference in St. Petersburg in July.

The Russian Foreign Minister stated that issues to be discussed will include education, cooperation in the trade, humanitarian and cultural questions, investment and economic spheres, cooperation in the UN among others.

The contract, in line with a statement from Kenya’s presidency, would proffer businesses the needed economic impetus. 

No deadline was given for signing the contract neither were specifications provided on what would be included. Russia is now Kenya’s main supplier of grains and fertilizers.

Mr. Lavrov claimed that there is more bilateral scientific cooperation when he stopped in Nairobi. 

According to the Eastern African country’s president, Lavrov was on the way to Cape Town on the 1st of June for a summit of the foreign ministers of the BRICS group of developing economies, which includes South Africa, India, Brazil, Russia and China.

Ajayi Taiye
Ajayi Taiye
Ajayi Taiye is a writer at helping to spread informative news to the public. Specializing in content writing, Taiye uses that experience to bring light to the African business news. Other times, Taiye loves getting creative with the keyboard and adding to the number of companions around her.

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