The Role of Russian Non-Resource Export in Technological Sovereignty Achievement of African Countries

Abstract

The modern trends of world economic development include complicated digital and transformation processes, which create a wide range of risks and challenges to the actual positions of countries in the world architecture. Also, they open new opportunities for competitiveness and welfare improvement of any state or regional groups, in particular by their technological sovereignty creation. The share of African countries in the world trade accounts for 3%, however, the interest in this region, as a foreign trade partner, is increasing. This is driven by the intensity of considerable reserves of natural resources, existing and potential in the sphere of renewable energy sources and of local production involvement in global value chains. All this stimulates to elaborate on their own technologies, mitigating the extent of regional economic dependence on external factors. Thus, the African region continues to attract investors, and from this position, Russia is not the exception. At the moment, amid sanctions and diversification of export flows, African countries are actual for Russian producers and suppliers from the implementation process. This paper highlights the key positions of Russian non-resource commodities to African countries, defines the major markets of sales and also to analyze the role of Russian export in African countries’ technological sovereignty achievement.

Keywords

• africa
• technological sovereignty
• sanctions
• export
• investors
• renewable energy sources