Minister of Foreign Affairs and International Cooperation, Francis Kasaila confirmed that Malawi and other African countries have an opportunity to engage investors technology, energy and mining sectors.

Speaking during the first Russia-Africa Summit to be held on 23 and 24th October, he said that Malawi is set for investment in developmental sectors. “It is good that with the coming in of Russia, we have more stakeholders in the development process of the country,” he said.

During the meeting, Russian President, Vladimir Putin will host 35 African Heads of State and Government to the summit, happening in the Black Sea Resort City of Sochi, Russia aimed at renewing Russian-Africa cooperation.