RT Global Resources, a Rostec subsidiary, won the tender for construction of a refinery in Uganda. The Rostec win in this tender was the first achievement of this kind for a Russian company in Africa in new history of Russia. Total investments amount to above 3 billion dollars. Implementation of […]

RT Global Resources wins $3bn tender for Uganda refinery

RTGlobalResources Angola office
RT-Global Resources, a subsidiary of Russia’s largest state-backed corporation Rostec (, has signaled Russia’s commitment to aggressively entering the financial, natural resources and infrastructure sectors in Africa. RT-Global Resources has established an office in a prestigious neighbourhood in Angola’s capital Luanda which it intends to use as a central hub […]

Russia’s RT-Global Resources establishes Africa operations hub in Angola

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A consortium of Russian companies are set to win a lucrative government contract for the construction of an oil refinery in western Uganda. The consortium, which consists of RT Global Resources (a subsidiary of Rostec), VTB Capital, Tatneft and SK Group, was shortlisted for the construction of the Kabaale refinery, which […]

Russians on Uganda refinery project shortlist