{"id":466224,"date":"2019-06-20T21:06:17","date_gmt":"2019-06-20T20:06:17","guid":{"rendered":"https:\/\/www.kapitalafrik.com\/?p=466224"},"modified":"2019-06-20T21:06:17","modified_gmt":"2019-06-20T20:06:17","slug":"moscow-hosts-discussion-on-development-of-african-mining-industry","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2019\/06\/20\/moscow-hosts-discussion-on-development-of-african-mining-industry\/","title":{"rendered":"Moscow Hosts Discussion on Development of African Mining Industry"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p>The panel session \u2018Mining Industry: A Sustainable Approach to Field Development\u2019 was held in Moscow during the open Russia\u2013Africa Economic Conference, part of the Afreximbank Annual Meetings with the support of the Roscongress Foundation and Russian Export Center. One of the key focal points of the session was Russian and African cooperation in the development of the mining industry.<\/p>\n<p>The discussion was moderated by IHS Markit Russia\u2019s Director for Consulting Maksim Nechaev and participants included: President and General Director of Wassoul\u2019Or and Chairman of Petroma Inc Canada Aliou Diallo; ALROSA Vice President Vladimir Marchenko; General Director of Vi Holding, Doctor of Mathematics, and Professor of the Russian Academy of Sciences Karima Nigmatulina; Chief Executive Officer of Uralkali and Chairman of the Russian-Nigerian Business Council Dmitry Osipov; and Co-founder and Managing Director of RichAfrica Consultancy Ndapwilapo Selma Shimutwikeni.<\/p>\n<p>In 2017, the Russian Export Center, part of VEB.RF, became Afreximbank\u2019s third largest non-African financial institution or organization shareholder, which has allowed for the rapid acceleration of investment, trade, and economic relations between Russia and African countries. One of the areas positively affected were mining projects in Zimbabwe and Sierra Leone. Interest has also been expressed in attracting Russian partners to the implementation of projects in the oil industry.<\/p>\n<p>\u201cNotable Russian-African foreign economic projects include the signing of a memorandum of cooperation between the REC and OJSC Afromet (Vi Holding) regarding the comprehensive development of the Darwendale platinum field project in the Republic of Zimbabwe, which was signed during a visit by the president of Zimbabwe to the Russian Federation in January of this year,\u201d said Andrey Slepnev, Chief Executive Officer of the Russian Export Center (REC).<\/p>\n<p>This is the second time in Afreximbank\u2019s history that its Annual General Meeting of Shareholders has been held outside of the African continent. The Meetings are the largest economic event in Africa. Over 1,500 participants registered to participate in the Russia\u2013Africa Economic Conference in Moscow, which speaks of the high-level of mutual interest in developing relations.<\/p>\n<p>The Russia\u2013Africa Summit will be held in October 2019 in Sochi and will be co-chaired by President of the Russian Federation Vladimir Putin and President of the Arab Republic of Egypt Abdel Fattah el-Sisi, who also heads the African Union. This is the first event of this level in the history of Russian-African relations, with the heads of all states of the African continent invited, as well as leaders of major subregional associations and organizations.<\/p>\n<p>&nbsp;<\/p>\n<p><strong><em>The Roscongress Foundation<\/em><\/strong><em> is a socially oriented non-financial development institution and a major organizer of international conventions, exhibitions, and public events.<\/em><\/p>\n<p><em>The Roscongress Foundation was founded in 2007 with the aim of facilitating the development of Russia\u2019s economic potential, promoting its national interests, and strengthening the country\u2019s image. One of the roles of the Foundation is to comprehensively evaluate, analyse, and cover issues on the Russian and global economic agendas. It also offers administrative services, provides promotional support for business projects and attracting investment, and helps foster social entrepreneurship and charitable initiatives.<\/em><\/p>\n<p><em>The Foundation\u2019s events draw more than 80,000 participants each year from <\/em><em>203<\/em><em> countries, with more than 10,000 media representatives working on-site at Roscongress\u2019 various venues. The Foundation benefits from analytical and professional expertise provided by 2,500 people working in Russia and abroad. In addition, it works in close cooperation with economic partners from <\/em><em>93<\/em><em> countries worldwide.<\/em><\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>The panel session \u2018Mining Industry: A Sustainable Approach to Field Development\u2019 was held in Moscow during the open Russia\u2013Africa Economic Conference, part of the Afreximbank Annual Meetings with the support of the Roscongress Foundation and Russian Export Center. One of the key focal points of the session was Russian and African cooperation in the development<\/p>\n","protected":false},"author":527180,"featured_media":466226,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[12046],"tags":[],"class_list":["post-466224","post","type-post","status-publish","format-aside","has-post-thumbnail","category-leaders-en","post_format-post-format-aside","pmpro-has-access"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.9) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Moscow Hosts Discussion on Development of African Mining Industry - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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