Russia is looking to strengthen its position in Africa's natural resources industry, as state-owned geological corporation Zarubezhgeologia announces intentions to extend its activities throughout the continent.
The business, which already has operations in Libya, Sudan, South Sudan, Chad, Benin, and the Central African Republic, says it is looking into additional prospects in numerous important locations to help Africa's mining and energy goals.
According to Zarubezhgeologia CEO Alexey Desyatkin, as seen on Sputnik, the company's expansion strategy will center on identifying untapped hydrocarbon basins and assisting governments in digitizing mineral resource management systems.
Other objectives include reevaluating known mining districts for additional commercial potential and conducting hydrogeological studies in water-scarce regions.
These initiatives come as several African governments step up efforts to harness the value of their natural resources, improve geological data, and attract international investment in mining and energy development.
