• Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Intelligence
    • Policy Intelligence
    • Security Intelligence
    • Economic Intelligence
    • Fashion Intelligence
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • LBNN Blueprints
  • Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Intelligence
    • Policy Intelligence
    • Security Intelligence
    • Economic Intelligence
    • Fashion Intelligence
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • LBNN Blueprints

Uganda and Russia continue to brush over their nuclear deal

Simon Osuji by Simon Osuji
January 24, 2025
in Business
0
Uganda and Russia continue to brush over their nuclear deal
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Very recently, the conversation was brought back into the fold, as the CEO of the Russian state corporation; Rosatom revealed that Uganda and Russia are currently going over construction plans for a nuclear plant.

At the time, Ugandan Energy Minister Sidonius Okaasai Opolot revealed that the government and the Russian state enterprise were deciding on a location for the future power facility.

Uganda’s foreign minister Abubaker Jeje Odongo also commented on the agreement, noting that the deal was a result of Africa’s growing energy needs, especially for industrialization.

By 2031, Uganda is set to begin generating electricity from nuclear power stations, as reported by Sputnik.

According to Igor Yushkov, a senior analyst at the Russian National Energy Security Fund, the primary challenge Uganda faces in developing a nuclear facility is funding, which is why it is looking for favorable Russian loans.

The senior analyst also emphasized the necessity for significant investments in Uganda’s electricity infrastructure to support the project, given the country’s low electrification rate.

Related posts

BRICS Strategy Faces Strain as India Gains Leverage Over China

BRICS Strategy Faces Strain as India Gains Leverage Over China

February 9, 2026
Will Bitcoin (BTC) Crash As Low As $40K?

Will Bitcoin (BTC) Crash As Low As $40K?

February 9, 2026

Some of Rosatom’s nuclear deal with African countries

Rosatom

Earlier in June, Russia and the Republic of Guinea partnered on a nuclear project. They signed a memorandum of understanding in St. Petersburg to develop floating nuclear power stations.

In recent years, these kinds of agreements have become increasingly common in Africa as nations consider the advantages of collaboration with Russia over Western markets.

Rwanda in 2019, signed a deal to establish nuclear plants in conjunction with Russia’s nuclear agency, Rosatom, which sparked widespread resistance owing to safety concerns.

Source link

Previous Post

Where to buy Solana?

Next Post

The Nigerian Conservation Foundation, The University Of Lagos’ Creative Arts Department, Join Hundreds Of Partners To Support The Herds’ Large-Scale Climate Change Public Art Project Coming To Lagos, Nigeria This April

Next Post
The Nigerian Conservation Foundation, The University Of Lagos’ Creative Arts Department, Join Hundreds Of Partners To Support The Herds’ Large-Scale Climate Change Public Art Project Coming To Lagos, Nigeria This April

The Nigerian Conservation Foundation, The University Of Lagos’ Creative Arts Department, Join Hundreds Of Partners To Support The Herds’ Large-Scale Climate Change Public Art Project Coming To Lagos, Nigeria This April

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

BRICS Welcomes Saudi Arabia in Foreign Ministers Meeting

BRICS Welcomes Saudi Arabia in Foreign Ministers Meeting

2 years ago
Forest Service pauses commercial huckleberry picking in Gifford Pinchot National Forest

Forest Service pauses commercial huckleberry picking in Gifford Pinchot National Forest

10 months ago
Top 10 most powerful passports in Africa at the start of 2026

Top 10 most powerful passports in Africa at the start of 2026

4 weeks ago
Ukraine’s artillery supply declines as shells go to Israel

Ukraine’s artillery supply declines as shells go to Israel

2 years ago

POPULAR NEWS

  • Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    0 shares
    Share 0 Tweet 0
  • The world’s top 10 most valuable car brands in 2025

    0 shares
    Share 0 Tweet 0
  • Top 10 African countries with the highest GDP per capita in 2025

    0 shares
    Share 0 Tweet 0
  • Global ranking of Top 5 smartphone brands in Q3, 2024

    0 shares
    Share 0 Tweet 0
  • When Will SHIB Reach $1? Here’s What ChatGPT Says

    0 shares
    Share 0 Tweet 0

Get strategic intelligence you won’t find anywhere else. Subscribe to the Limitless Beliefs Newsletter for monthly insights on overlooked business opportunities across Africa.

Subscription Form

© 2026 LBNN – All rights reserved.

Privacy Policy | About Us | Contact

Tiktok Youtube Telegram Instagram Linkedin X-twitter
No Result
View All Result
  • Home
  • Business
  • Politics
  • Markets
  • Crypto
  • Economics
    • Manufacturing
    • Real Estate
    • Infrastructure
  • Finance
  • Energy
  • Creator Economy
  • Wealth Management
  • Taxes
  • Telecoms
  • Military & Defense
  • Careers
  • Technology
  • Artificial Intelligence
  • Investigative journalism
  • Art & Culture
  • LBNN Blueprints
  • Quizzes
    • Enneagram quiz
  • Fashion Intelligence

© 2023 LBNN - All rights reserved.