Search for: "africa"

Russia Seals a BK-10 Assault Boats Deal in Africa

JSC (part of the Rostec State Corporation)  has begun to carry out its first export contract recently signed with a foreign customer from Sub-Saharan Africa for the supply of Project 02450 fast assault boats BK-10, designed and manufactured by Kalashnikov Concern, a Rostec member. The deal was announced in a press release by Rosoboronexport "The…
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MTC of Russia With Middle East and North African Countries: Status And Outlooks

It is not a secret that the Middle East and North Africa region is one of the world's most attractive for arms manufacturers and exporters. According to data of Stockholm International Peace Research Institute (SIPRI), out of 10 largest arms importers in 2014–2018 five countries (Saudi Arabia, Egypt, Algeria, UAE, Iraq) were from this region. In…
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Russia delivers large batch of night vision devices to African country

The Shvabe Holding Company (part of Rostec) has delivered a large batch of night-imaging monoculars to an African country, the Rostec press office reported. «The Shvabe Holding Company of Rostec State Corporation has exported a large batch of night vision monoculars in the interests of one of the countries on the African continent. The device…
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Egyptian air defense military equipment will be demonstrated to Russian servicemen in the African desert during the exercise “Arrow of Friendship-2019”

The Egyptian armed forces air defense combat equipment was demonstrated to Russian anti-aircraft gunners at a static display during the joint Russian-Egyptian exercise “Arrow of Friendship -2019” in Egypt. The show features dozens of pieces of military equipment, including: Russian-made Buk-M2E, Tor-M2E, S-125 "Pechora" anti-aircraft missile systems (air defense systems) on tracked chassis, "Kub" air…
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Russia in the African Arms Market

2015 was the year of Russia's strong return to Africa, after which Moscow concluded more than 20 agreements with African countries in the military field with a total value of $50 billion. Russia controls 35% of the African arms market, thus heading the list of the biggest arms exporters to the region according to Stockholm…
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Russian arms company to display new military equipment at Russia-Africa Summit

The JSC Concern VKO Almaz-Antey arms industry company will unveil a line of military and civilian equipment at the upcoming Russia-Africa Summit, including S-400 and S-300VM missile systems, the concern’s press service said in a statement on Friday. "By participating in an exposition at the Russia-Africa Summit, the concern expects to attract more potential customers among…
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Challenges in Transitioning to National Currency Settlements within BRICS

One of the pertinent directions of work for the BRICS countries within their union is transitioning to settlements in national currencies. However, despite the increasing attention paid to this direction in recent times, countries face several challenges on the path to creating new financial mechanisms, as outlined by Ivan Timofeev, Director of the Russian International…
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