Russia hopes for a package of energy and metals deals with African states, a ministry statement said Friday, as a government delegation left for South Africa, Angola and Namibia, but some Russian firms deny having any such plans.
Russia seeks to regain the strong positions it enjoyed in Africa in Soviet times, when it splurged billions of dollars to support regimes calling themselves Marxist or friendly to Moscow.
But staging a foray of its private capital into the continent now, Moscow will have to compete with countries like China for a chunk of lucrative business opportunities. Some analysts have said the stopover by Prime Minister Mikhail Fradkov in Angola is an attempt to renew the historical relationship between the two countries in the face of growing Chinese influence.
Fradkov on Thursday took high-level government officials and business chiefs on a five-day tour of Angola, Namibia and South Africa, which follows last year's visit by President Vladimir Putin.
http://www.themoscowtimes.com/stories/2007/03/19/046.html