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Ghana and Russia are moving to deepen their economic relationship following President John Dramani Mahama’s visit to Moscow for the 3rd Russia–Africa Summit.

In talks with Russian President Vladimir Putin, Mahama pushed for stronger trade, investment and development cooperation, with opportunities in agriculture, fertiliser production, energy, infrastructure, pharmaceuticals, manufacturing and digital technology.

Ghana has also announced important outcomes from the summit, including plans to work with Russia towards a proposed 2,000-megawatt nuclear power plant, enhanced agricultural cooperation, increased scholarships for Ghanaian students and the revival of the Permanent Joint Commission for Cooperation.

What could these developments mean for Ghana’s economy? Could stronger Ghana–Russia relations create new opportunities for jobs, industrialisation, energy security and African development?

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