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Oil, diamonds and nuclear power: Russia eyes Africa business

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Sverige Senaste nytt,Sverige Rubriker

Russia is one of the world's top hydrocarbon producers and exporters through energy giants like Gazprom, Rosneft and Lukoil.

MOSCOW - While Russia has traditionally focused on arms and grain exports to Africa, it is now looking to broaden its activities and influence.

Russian-built nuclear power stations have a price advantage over Western competitors and its nuclear agency Rosatom offers, attractive financing deals to customer countries. The cost of $10 million to $20 million per plant could be prohibitive, but Rosatom says countries including Rwanda are showing "great interest" in smaller-capacity, less expensive nuclear power stations.Rich in mineral resources, Russia has significant expertise in extraction that could be deployed in other countries.

 

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Sverige Senaste nytt, Sverige Rubriker

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