Russian nuclear company Rosatom ready to build NPPs for Africa

Russian nuclear company Rosatom ready to build NPPs for Africa
South Africa has expressed its interest in building a floating NPP with Rosatom’s help / bne IntelliNews
By Elena Kachkova in Johannesburg February 29, 2024

Russian state-owned nuclear corporation Rosatom has received applications from several African countries for the construction of new nuclear power plants (NPPs), according to the company’s CEO Alexei Likhachev.

South Africa has expressed its interest in building a floating NPP with Rosatom’s help, Likhachev told the State Duma, as reported by Interfax. The nuclear corporation is also in the final stages of negotiations for the construction of a mini-hydropower station in another African country, he said.

During African Energy Week in Cape Town in October last year, Rosatom expressed its readiness to participate in African energy projects, Russian state media agency TASS reported at the time.

At the conference, it was noted that Africa had enormous potential for developing nuclear energy and Russia could play a key role in bringing reliable power to a continent where more than 600mn people do not have access to electricity.

South Africa is the only country with an operating NPP in Africa. Rosatom is currently building an NPP in Egypt. Ghana, Kenya, Morocco, Tunisia and Uganda have also expressed their interest in NPPs, according to TASS.

Three African countries are currently mining uranium in industrial quantities: Namibia, Niger and South Africa, which account for 18% of the global uranium ore sales market, the news agency writes. 

Related Articles

Tesla officially launches local subsidiary in Morocco’s Casablanca

US electric vehicles (EVs) manufacturer Tesla has officially opened a local subsidiary in Morocco’s Casablanca, marking the company’s first direct presence in North Africa, MAP reported on June ... more

AfDB approves $184.1mn financing package for Obelisk Solar PV Project in southern Egypt

The African Development Bank (AfDB) has approved a $184.1mn financing package to support the Obelisk Solar PV Project in Qena, southern Egypt, according to a statement ... more

Kenya’s KCB set to become first foreign bank to enter Ethiopia under liberalisation reforms

Kenya’s KCB Group Limited is set to be the first foreign lender to enter Ethiopia’s banking sector following reforms that opened the industry to international players, according to sources at the ... more

Dismiss