One of the problems that Africa has to deal with is energy. According to DW (Deutsche Welle), nearly 600 million Africans (about 57 percent) lack access to electricity. However, those that have it still battle with frequent power outages. No doubt, African governments are desperately searching for solutions. Perhaps, this is why many African countries have embraced the Russia nuclear energy deal. This was one of the talking points of the recently concluded Russia-Africa Summit. Speaking in the presence of representatives from 55 countries, the Russian President, Vladimir Putin said,
“Rosatom is prepared to help our African partners in creating a nuclear industry [with] the construction of research centers based on multifunctional reactors.”
The Russia nuclear energy deal was high on the agenda of the recently concluded summit in Sochi. Moscow is promoting nuclear energy as the solution to Africa’s power crisis. The discussion on how Russia could contribute to Africa’s development featured Rosatom CEO and Roland Msiska, the head of Zambia Atomic Energy Agency. Rosatom is Russia’s state-backed nuclear energy company.
The ongoing drought in southern Africa has led to a drop in water levels. This has had an adverse effect on hydroelectric power. Therefore, Msiska saw the Russia-Africa Summit as an opportunity to promote nuclear energy as an alternative to hydropower. Already, Rosatom has signed a nuclear cooperation agreement with about 18 African countries. Rwanda is the new entrant in the Russia nuclear energy deal. Speaking at the summit, Rwanda’s minister of infrastructure, Claver Gatete said,
“We have a dream: we want to become a highly developed country by 2035 and a country with a high standard of living by 2050. Nuclear energy should be the main driver for achieving the goals facing our country.”
The skepticism surrounding Russia nuclear energy deal
South Africa is the only African country with a fully functional nuclear power plant. However, it is yet to fully deal with its energy problems. Environmental activists are kicking against the Russia nuclear energy deal for obvious reasons. First, there is the question of the safety of nuclear reactors to the environment. Also, nuclear power comes at a huge cost which may further plunge African countries into long-term debts. Nigeria’s Environment Right Action member, Jakpor Philip said,
Others believe Russia is only trying to increase their foreign revenue. Russian is still under European Union and the United States sanctions. However, diversifying its economic partnership will make the economic implications of the sanctions less severe. The huge infrastructural deficit in Africa provides Moscow an opportunity to come in. The University of Nairobi’s head of nuclear science and technology, Michael Gatari said,
“We should have in-country, competent, well-trained manpower not depending on expatriates’ support because that would be very expensive in the long run. Africa is not going to get a free reactor. They are selling their technology. So the issue of helping does not come in. Of course, there is a component of ‘we will train your people, we’ll do this,’ but still, if you calculate the cost, it’s we who cough. So the African countries should move into it with a business vision.”
The extent of Russia’s partnership with African countries
With the signing of Russia nuclear energy deal, Rosatom was contracted to build a $29 billion nuclear power plant in Egypt. The joint project scheduled to commence next year will generate 4,800MW of electricity. Rosatom is also helping Uganda, Rwanda, and the Republic of Congo to establish nuclear facilities. There is also a planned nuclear reactor in Nigeria which may help solve the power crisis in the West African nation. According to Interfax, Rosatom is in talks with Ethiopia to build a nuclear power station.
Besides the Russia nuclear energy deal, the President is also calling for the doubling of trade with African countries in the next four to five years. Moscow said it has already written off over $20 billion in Africa debt. Moscow has enjoyed considerable success in selling arms to different African countries. However, it still lags behind the European Union, China, India, the United States, and the United Arab Emirates who are Africa’s top trade partners. According to Putin,
“Many Russian companies have long and successfully worked with partners from the most different sectors of the African economy and plan to expand their influence in Africa. We, of course, will provide support at the state level.”
Subscribe for Updates
- Fashion5 days ago
23 Times Berla Mundi’s Afronista Style Got Our Thumbs Up
- Business and Development3 weeks ago
8 Ways To Make Money Online With Just A Laptop and Internet
- Money Matters3 weeks ago
5 Ideas for Online Investing in Africa
- Arts & Culture2 months ago
These 9 Wildly Popular Christmas Classics Have Been Africanized. And We Love It!!!
- Business and Development2 months ago
20 Construction Projects That Will Transform Major African Cities In 2021
- Viewpoint7 days ago
DISCUSSION: Was Late President Gadaffi’s ‘United States of Africa’ a pipedream or simply a matter of time?
- TV and Movies3 months ago
10 Must-Watch African Movies On Netflix (Nov 2020)
- African Ingenuity2 months ago
Do You Agree With Akon That African Americans Need To Return To Africa?