International Business Times quotes Africa Center Director J. Peter Pham on a Russian state-owned conglomerate’s plans to build a $4 billion oil refinery in Uganda and a $3 billion platinum project in Zimbabwe:

In the days of the Soviet Union, Russian involvement in Africa was high, but dwindled to almost nothing in the 1990s before ramping up once again in the early 2000s, according to the Atlantic Council’s Peter Pham. Russia to Africa investment has increased tenfold in the last decade — mainly related to arms trade.

Read the full article here.

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