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Buziness Africa magazine

Assessing Russia's Relationship With Africa

Moscow_Zaiser_N_ucMOSCOW, August 13, 2016 (Buziness Africa) -- Over the past two decades, Russia's efforts to regain its Soviet-era influence in Africa have achieved little success because "times have changed significantly, for example, a new economic and political environment, new emerging challenges, new competitive conditions and new bases for cooperation," according to Nataliya Zaiser, a Public Policy Advisor at Squire Patton Boggs Moscow office covering Russia, the Eurasian Union and Africa, and also the Chair (Head) of the Africa Business Initiative.


Saturday, 13 August 2016 09:42

Russia: Looking For A Handshake With Africa

iAforum1By Kester Kenn Klomegah*

MOSCOW, July 15, 2016 (Buziness Africa) -- As already well-known since Soviet days, Russia has pursued a pragmatic policy aimed at enhancing multidimensional ties with the countries of the continent on the bilateral and multilateral basis. Experts say while building mutually beneficial cooperation remains one of the main priorities of Russia, its economic cooperation with Africa has hit stumbling blocks, for example, trade turnover with the countries of sub-Saharan Africa for the period from January to December 2015 was estimated at US$ 3.3 billion.

Friday, 15 July 2016 16:56

Turkey: Africa's Friend, Compatriot And Partner

TurkPrezANKARA, Turkey, June 10, 2016 (Media Release) -- Over the next days, Turkey's political and business leaders will embark on a historic visit to Uganda, Kenya and Somalia. We will seek to promote closer cooperation with our regional allies, develop solutions to shared challenges and explore mutually beneficial opportunities.

Sunday, 10 July 2016 17:01

Uganda: Russian Firm Pulls Out of Uganda's $4 Billion Oil Refinery

UgandaflagBy Frederic Musisi

KAMPALA, Uganda, June 30, 2016 (The East African) -- A Russian consortium RT Global Resources, which was announced as the best preferred bidder for the financing and construction of the $4 billion greenfield oil refinery in Hoima in western Uganda has walked away from the deal in unclear circumstances.

Thursday, 30 June 2016 16:39

Tanzania Catalyst for Russian Growth

piccatalystBy Damas Kanyabwoya

DAR ES SALAAM, Tanzania, May 04, 2016 (The Citizen) — It is clear that Russia is seeking business and economic breakthrough with Tanzania. Whether it is part of its geopolitical adventures or genuine efforts to lessen economic sanctions imposed on it by the West after its forays into Ukraine, it is difficult to tell.

Wednesday, 04 May 2016 17:43

With Ambitious Goals, Russia Joins Foreign Players in Africa

dsc09063MOSCOW, April 30, 2016 (Buziness Africa) -- After the collapse of the Soviet empire, Russia has steadily shown interest in many spheres, ranging from political consultations through business and economic cooperation to culture with African countries. Of a special focus, Russia attaches significance to deepening trade and investment cooperation with Africa.

Saturday, 30 April 2016 09:50
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