ST. PETERSBURG, July 28. /TASS/. Participants in the Russia-Africa Summit in St. Petersburg have signed numerous agreements that will pave the way for fruitful cooperation, said President of the Comoros Azali Assoumani, who also chairs the African Union.

"Our work took place in a very good atmosphere; it led to the signing of numerous agreements and will have a positive impact on our cooperation," he said at a summit plenary session.

Assoumani noted that Africa was going through a process of economic transformation and Russia would take part in investment activities, tapping its plentiful resources. "We would like to build an economically and socially [strong] Africa, integrated with the rest of the world," he added.

The second Russia-Africa Summit, along with an economic and humanitarian forum, is taking place in the Russian city of St. Petersburg on July 27-28. Similar to the first such event in 2019, the summit is being held under the rubric "For Peace, Security and Development." The event is being organized by the Roscongress Foundation. TASS, which is the official information partner and photo-hosting agency of the summit and forum, is also hosting the second Russia-Africa Media Forum.