Africa, Russia
Russian Financial Strategy
Like its Chinese and Indian rivals, Russia is preparing to launch a development bank to finance infrastructure in Africa in [...]
Gazprom is a state-owned Russian oil company and one of the few Russian commodities giants to have expanded its operations into Africa from its London base. The results have been mixed: its attempts to establish itself in Nigeria and Namibia came to nothing, with its main successes in Africa taking the form of oil trading contracts, in Cameroon in particular.