Search

Rwanda plans $6bn nuclear investment to power economic transformation

President Paul Kagame of Rwanda. Photo: Paul Kagame/Facebook
President Paul Kagame of Rwanda. Photo: Paul Kagame/Facebook
  • Rwanda plans up to $6bn investment in nuclear energy
  • Small Modular Reactors to power industry and economic growth

 

KIGALI, RWANDARwanda plans to invest up to $6bn in nuclear power plants to secure reliable electricity and support its long-term economic transformation, President Paul Kagame announced Tuesday.

The announcement was made at a global nuclear energy summit in Paris hosted by French President Emmanuel Macron, where Kagame urged stronger international financing support for developing countries pursuing nuclear power.

This article is free to read.

Sign up for free or sign in to continue
reading. Unlike our competitors, we don't force you to pay
to read the news but we do need your email address to
make your experience better.

Create your free account or sign in


By signing in, you agree to receive Allen Dreyfus newsletters and updates. You can unsubscribe at any time.

Recent Business

Cocoa pod and beans outdoors. Photo by Ákos Helgert @ Pexels
How Nigeria's cocoa strategy could end decades of oil dependence
Read More »
A vibrant display of traditional dance in Botswana. Photo by Xitsundzuxo Himina @ Pexels
Why Botswana’s inflation surge signals wider risks for commodity economies
Read More »
Molten metal pouring from ladle in industrial foundry. Photo by Bence Szemerey @Pexels
Can Kipushi’s zinc boom in Congo redraw Africa’s commodity power balance?
Read More »

Recent Politics

Barrels of oil. Photo by Atik sulianami @ Unsplash
Uganda pushes first oil to 2027. Will investors wait?
Read More »
View of the San Antonio Maersk Container Ship in the Port. Photo by Wolfgang Weiser @Pexels
Nigeria has ship finance. Where are the vessels?
Read More »
Dakar, Senegal © Unsplash
Senegal’s debt reckoning tests Africa’s restructuring red lines
Read More »

Latest Posts

Latest news insights