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Mining May 5, 2022

Africa’s role in the ongoing global energy transition

The strategic shifts in global energy markets are visible: on the one hand, net energy importers are forced to diversify sources of fossil fuels in order to maintain the stability of supplies; on the other hand, they are moving at an accelerated pace towards the…
Algeria April 20, 2022

Sonatrach and Eni signed an agreement to increase gas supplies by 9 billion cubic meters 

On April 11th, Algerian state-owned company Sonatrach and Eni signed a contract “in the gas sector,” as the Algerian state-owned company said in its press release. What specific agreements did the parties reach and how will this affect the European gas market, which is currently experiencing…
Rosatom January 19, 2022

License documentation for Rosatom’s nuclear power plant project in Egypt has been handed over to the regulator

Rosatom reported that on December 30, 2021 Egyptian Nuclear Power Plant Authority (NPPA) handed over the package of documents to the Egyptian Nuclear and Radiological Regulatory Authority (ENRRA) which are required for receipt of license for construction of El Dabaa NPP power units 3 and…
SDG 8 December 1, 2021

Russia — Africa trade turnover is set to ascend new heights in 2021

The year 2021 may with a high probability become the first year since 2018 when Africa's trade with Russia increased. According to the preliminary statistics published by the Federal Customs Service of Russia, Russian exports to Africa for the first 8 months of this year…
SDG 8 May 8, 2021

Russian Energy Exports to Africa Hit $1.5 bln

Russian energy exports to Africa in 2020 amounted to $1.5 billion and mainly consisted of black coal, oil and petroleum products. According to the Federal Customs Service of Russia, exports to Africa accounted for 12% of total Russian energy exports. Petroleum products and black coal,…
Congo, DR March 9, 2021

Russia Stated Interest in Investments in the DRC

Projects of mutual interest to both Russia and the DR Congo were announced today at the “Investment Opportunities in the Democratic Republic of Congo” business forum. More than 50 Russian and Congolese companies from various sectors stated their interest in cooperating in a number of…