Founded in Moscow in 1960 for students from Third World countries, the Peoples’ Friendship University ‘Patrice Lumumba’ was the most important venture in international higher education during the Cold War and a flagship of Soviet internationalism. It aimed to educate a Soviet-friendly intelligentsia and foster a Soviet–Third World alliance. This article retraces the history of this school, often criticized for its Third World concept, recruitment, and training policies. It recalls the forgotten French initiative to create a university for the underdeveloped countries, situates Lumumba University in the global Cold War, and compares it with mainstream Soviet schools. Soon after its creation, Lumumba University underwent important changes, but departed from its initial educational concept. Consequently, arguments justifying the existence of a special university disappeared. Third World countries, moreover, never agreed with the university’s concept. Despite its educational accomplishments, Lumumba University became the Achilles’ heel of Soviet cultural policy.