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Russia’s strategic push into Africa through a new, sanctions-proof financial initiative known as A7 (0:04-0:45). Following Western sanctions imposed after the invasion of Ukraine, the Kremlin is leveraging this cryptocurrency network to maintain trade and influence without relying on Western banking infrastructure (0:24-1:40).

Key takeaways:

  • Founders and Mechanism: The A7 network was established in 2024 by the sanctioned Russian defense bank Promsvyazbank and Moldovan fugitive oligarch Ilan Șor. It utilizes ruble-backed stablecoins and promissory notes to settle trade transactions (1:09-1:40).
  • Expansion Efforts: The network is reportedly expanding rapidly. Efforts include a recruitment drive in Togo (1:58-2:10), a branded office in Lagos, Nigeria (2:25-2:31), and a new branch announced in Zimbabwe (2:34-2:41).
  • Official Promotion: During a Russia-Africa conference in Cairo, Russian Foreign Minister Sergey Lavrov confirmed that a significant portion of Russia-Africa trade is now conducted in rubles and formally promoted A7 as Russia’s primary international financial platform (2:44-3:16).
  • Strategic Intent: Despite claims that A7 handles nearly 19% of Russia's foreign trade (1:42-1:51), analysts note that the network remains highly secretive with a minimal digital footprint (3:18-3:28). Experts suggest that Africa is serving as a laboratory for Russia's new shadow economy as it seeks to demonstrate that Western sanctions have clear limitations (3:43-4:04).