The Russian president has suggested setting up a logistics hub for the North-South Corridor on the coast of the continent

The International North-South Transport Corridor (INSTC) could provide Russian goods with a shorter route to Africa than the Suez Canal, President Vladimir Putin said on Thursday.

Addressing a plenary session of the Russia-Africa summit in St. Petersburg, Putin explained that Moscow is “actively engaged in reorienting transport and cargo flows towards the states of the Global South, including, of course, Africa.”

The INSTC, touted as an alternative to the Suez Canal, is a planned 7,200km multi-mode transit system that will connect ship, rail, and road routes for moving cargo between Russia, Iran, Azerbaijan, India, and Central Asia.

“The International North-South Transport Corridor that we are developing is aimed at providing Russian goods with access to the Persian Gulf and the Indian Ocean, from where they will be able to reach the African continent via the shortest sea route. Naturally, this corridor can also be used in the opposite direction – to supply African goods to the Russian market,” Putin stated......More Below

https://www.rt.com/business/580398-transport-coridor-russia-africa-putin/