Jump to navigation

Vol 49 No 14

Published 4th July 2008


The Russians are coming

Looking for big projects and with plenty of cash, three Russian companies are ready to invest in Zambia's mines

Three Russian companies plan to inject over US$2 billion into Zambia's mining sector. If this project is successful, it will be the country's single biggest foreign direct investment. Moscow's outgoing Ambassador, Anvar Azimov, said the Russian companies concerned want to concentrate on greenfield mining projects. About 30 other Russian investors have also visited Zambia in recent months to explore business opportunities.

End of preview - This article contains approximately 677 words.

End of preview

Subscribers: Log in now to read the complete article.

Account Holders: Log in now and use your Account Credit to buy this article. No Credit? Top up your Account now.

If you have a print subscription already, click here for a password that gives you full access to the website.

If you are logged in, but still cannot access the full text of this article, email customer services or telephone us on +44(0)1638 743633.