As Africa seeks to decarbonize energy supplies while ensuring energy reliability, the continent has found a renewed interest in nuclear power, which is poised to increase reliability and access to the over 600 million people across the continent that are living in energy poverty.
First oil and gas production will generate more than foreign revenues for emerging producers like Senegal, Mauritania, Uganda and Namibia – instead cementing diversification and regional integration as key pillars of modern-day export economies.
The board of the Fund for Export Development in Africa has received the necessary internal approvals for the acquisition of a minority stake in Geregu Power.