Ruto urges Russia to invest in African industries, technology transfer
Election
Originally published by News – Capital FM — Read the original article →
NAIROBI, Kenya, Oct 29 — President William Ruto has urged Russia to invest in African industries, technology transfer and skills development, saying the continent must move away from exporting raw materials and importing finished products.
Addressing the third Russia–Africa Summit in Moscow on Thursday, Ruto said Africa needed to strengthen its manufacturing capacity, add value to its natural resources and create jobs through partnerships that promote industrialisation.
“Africa cannot continue to be a supplier of raw materials and a consumer of finished products. We now must become a continent that manufactures, innovates, adds value, and competes in the global economy,” he said.
