By Kestér Kenn Klomegâh At least, the foreign media broke the news in early May. And it may be understandable why local Russian media was quiet over the impact of Western and European stringent sanctions on Russia’s state-run gas corporation Gazprom, often described as the eternal life-wire of Russia’s economy. While Russian officials vehemently maintain that the government can withstand all negative steps being taken to cripple the economy, the latest reports detailing the net financial losses of Gazprom could also have desperate implications for Russia-African economic cooperation. Bloomberg, Reuters, Agence France Press, British Broadcasting Corporation, Al-Jazeera and many other
Russia’s Gazprom to Support Africa Despite Financial Losses
