Will the African countries afford nuclear energy

Forums General Discussion Will the African countries afford nuclear energy

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    Fidelis John
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    The Russian nuclear power corporation Rosatom has already signed nuclear cooperation agreements with about 18 African counties, as Russia accelerates its drive for nuclear business on the continent.

    But concerns are being raised about whether they can all afford nuclear energy. The growing commitment of African countries to high capital cost nuclear energy has raised some concern about whether they are committing themselves to unaffordable debt.

    Ethiopia and Rwanda are the latest entrants to the nuclear haze that has culminated into both of them signing an intergovernmental agreement with Russia on cooperation and in the peaceful uses of nuclear energy.

    South Africa, one of the top economies on the continent has already backed away from an earlier commitment to order 9,600MW of nuclear power plant production from Rosatom – at an estimated cost of about U.S.$68 billion.

     

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