Malawi to get ‘no strings attached’ Russia support

Malawi will be among other African countries who will be given Russian aid to prop up its finances but unlike the European Union (EU) and  International Monetray Fund (IMF) bail-out packages, Russian support will come  with “no strings attached”.

Malawi’s President Peter Mutharika during the arrival at the Sochi Airport in the city of Sochi, Krasnodar Territory, Russia

The Malawian President  Peter Mutharika who arrived in Russia on Monday  to attend the Russia-Africa Summit and Economic Forum which is to take place in Sochi on 23-24 October 2019, is expected to hold talks with President Vladimir Putin.

Putin has promised that that Moscow could offer help without strings attached unlike what he cast as the exploitative West.

For Moscow, the prize is greater political influence on a continent with 54 United Nations member states, sprawling mineral wealth, and potentially lucrative markets for Russian-manufactured weapons.

The world’s largest wheat exporter, Russia is also looking to ramp up its supplies of grain and fertilizer to meet demand that is rising in step with Africa’s booming population.

U.S. officials have vowed to counter what they see as Moscow’s growing political and economic clout in Africa as well as that of China, which has long had a large economic presence there and began its own series of Africa summits in 2006.

The Russia-Africa summit is the first of its kind and it has been organised by the RosCongress.

The Roscongress Foundation is a socially oriented non-financial development institution and a major organiser of international conventions, exhibitions, and public events.

The Foundation was founded in 2007 with the aim of facilitating the development of Russia’s economic potential, promoting its national interests, and strengthening the country’s image.

Spokerperson for Russian President, Dmitry Peskov told the media ahead of the summit this week that Russia has always regarded Africa as important and that “Russia has  things to offer in terms of mutually beneficial cooperation to African countries.

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Isaac
Isaac
1 year ago

Mbuli zaatsogoleri muno muAfrica zopanda manyazi. China Africa, Singapore Africa, UAE Africa, USA Africa, Canada Africa, Australia Africa, Japan Africa lero Russia Africa. Osazindikila kuti azunguwa akutibela monga makolo awo anachita zaka zapitazi. Palibe no strings attached aid. Akufuna adzabe golide wathu ndizina nthawi yawo ikadzakwana. Utsogoleri wanzeru sukadakhala nawo kumsonkhano wamkutu kutu ngati umenewu

A. Marula
A. Marula
1 year ago

“Mutually Beneficial” is secret code for “Strings Attached”

Mtete
1 year ago

NO STRINGS ATTACHED, AND YOU BELIEVE THAT TRASH? Wake up APM.

mpilu
mpilu
1 year ago

paja ku Canada akanayezabe miyala ya ku dzalanyama. geni yotenthatu.
ku Australia nso. china paja tinawapatsa minyanga inali ku parliament ija

M'Malawi
M'Malawi
1 year ago

Wake up and smell the coffee, there is no such thing as “no strings attached aid”. There are always strings attached.

Kennedy
Kennedy
1 year ago

Russia is bad news. Nothing is for free, Russia is responsible for many deaths in south sudand and Ruwanda. Malawi should stay away from Russia, better be poor and have peace. These people are trying to find market where they can sell their weapons.

sworn statement
sworn statement
1 year ago

Any adult who believes another country can give money just like that with no strings attached must have an IQ of a cabbage

Munthu
Munthu
1 year ago

The mysterious plane which went down in D.R.C. recently was carrying weapons and had Russian officials on board. Watch out for the invisible strings!

Iantana
Iantana
1 year ago

Dont be cheated , no money can just go down the drain…especially tax payers money. chilipo russia izatenge ku malawi after ndewu

Alpha
Alpha
1 year ago

Russian manufactured weapons? So they are going to sponsor war on the continent and arm governments and rebel movements? We want technology, agricultural equipment, mining equipment and so forth, not weapons. Cry, my beloved Africa, Cry, my beloved Malawi.

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