Business

Nigeria and Africa get nuclear technology boost from Rosatom

Published

2 years ago

August 30, 2024

Nigeria and Africa get nuclear technology boost from Rosatom

Russia, through its state nuclear corporation Rosatom, is expanding its strategic engagement with Nigeria and Africa in the field of nuclear technology.

Rosatom’s involvement in Africa, and specifically in Nigeria, reflects a strategic partnership aimed at addressing the continent’s growing energy needs and fostering technological advancement. As Russia continues to deepen its engagement, it is crucial to explore the positive contributions and tangible benefits of these collaborations.

In recent years, Rosatom has significantly expanded its presence in Africa. While being present through its regional office in South Africa for over 10 years, in 2024 alone, the Russian state nuclear corporation signed memorandums of understanding (MoUs) with several African countries, including the Republic of Congo, Mali, Guinea, Burkina Faso, and Rwanda, with agreements with Burundi made the previous year.

These agreements cover a broad spectrum of cooperation, including the use of nuclear power in civil applications, development of nuclear infrastructure, personnel training, the advancement of floating power units, and public outreach on nuclear energy, among others. The memorandums aim to assist these nations in developing their nuclear energy capabilities, ensuring safe and sustainable energy solutions.

In addition to these agreements, Rosatom is actively involved in uranium mining projects across Africa. In Tanzania, Rosatom has partnered with the government to explore and develop uranium resources, which will contribute to local energy needs and global uranium supply.

In Namibia, Rosatom is engaged in several significant projects, including the exploration and potential development of uranium deposits. Notably, Rosatom’s uranium exploration initiative in Namibia focuses on the promising Wings project, located in the Omaheke region, approximately 300 kilometers from Windhoek.

This project, which has captured considerable attention at expos, is anticipated to create approximately 600 new jobs in the Omaheke region and an additional 4,000 jobs in related industries across Namibia.

With an estimated $500 million investment and an anticipated $3.5 billion in additional tax revenue, the Wings project is poised to become the cornerstone of Namibia’s mining future.

Rosatom’s expertise on the continent is further demonstrated through its involvement in constructing the El Dabaa nuclear power plant (NPP) in Egypt. This project, Egypt’s first nuclear plant, features four VVER-1200 reactors and is set to significantly enhance Egypt’s energy capacity.

Rosatom’s relationship with Nigeria exemplifies its strategic partnership approach. Since 2017, Nigeria and Rosatom have been working together on various projects, including the development of a nuclear power plant.

Nigerian officials participate in events organised by Rosatom. For instance, they took part in international nuclear forum Atomexpo in 2022 and 2024 where they once again confirmed their interest in the cooperation on the large-scale NPP project in Nigeria. Discussions are also ongoing about the potential deployment of a floating Small Modular Reactor (SMR) NPP.

Floating NPPs offer several advantages that make them particularly suitable for diverse applications. These reactors can be relocated as needed, providing flexibility in energy deployment. Their construction time is notably reduced since they are built in factories and then floated to their operational sites, streamlining the development process.

Additionally, floating NPPs are equipped with advanced safety systems that can be monitored and maintained remotely, ensuring high levels of safety and operational efficiency.

These smaller plants, already tested in Russia, offer a flexible and secure energy solution. Floating Power Units (FPUs) are particularly advantageous for coastal nations as they can be positioned offshore, minimizing land use impact and local community disturbances. They provide a reliable source of electricity directly to the grid, reducing the need for extensive and costly transmission infrastructure. Offshore locations also mitigate risks associated with traditional nuclear plants, such as cooling challenges and land-based safety concerns.

Adopting nuclear power through innovative solutions like FPUs would not only ensure a stable energy supply but also position Nigeria as a leader in modern energy technology, potentially attracting international investments and partnerships.

Unlike other companies that promise future floating nuclear power plants, Rosatom has been operating its floating power plant, the Akademik Lomonosov, since late 2019. This project showcases Rosatom’s technical expertise and dedication to sustainable energy solutions. The knowledge gained from this project has laid a strong foundation for future advancements in floating nuclear power technology.

Rosatom’s optimised floating nuclear power plants offer mobility, enabling strategic power generation along coastlines and near major ports, with the flexibility to scale up as needed. This innovation allows for efficient power distribution from the nearest port to the end user, reducing transmission losses and enhancing the reliability of electricity supply to industrialised and densely populated regions.

Rosatom’s commitment to nurturing future nuclear professionals is evidenced by initiatives like Atoms Empowering Africa. Since its inception in 2015, this program has been a driving force in empowering young individuals across Africa to explore the field of nuclear energy. The competition encourages African youth to present the benefits of nuclear energy, fostering scientific curiosity and paving the way for a sustainable energy future on the continent.

In the latest round of the Atoms Empowering Africa competition, twenty talented young individuals from South Africa, Nigeria, Kenya, Uganda, Egypt, and Sudan were selected as winners. These winners had the unique opportunity to delve into the latest advancements in nuclear technology while experiencing the rich cultural heritage of Russia.

Their itinerary included a visit Moscow, Saint Petersburg and the town of Obninsk, the birthplace of the nuclear industry and Russia’s premier nuclear technology hub, which celebrated the 70th anniversary of the world’s first nuclear power plant.

Munachimso Oguine, a young participant from Nigeria, expressed the impact of the program: “We toured the Rosatom Technical Academy and received a first-hand tour of Russia’s first Nuclear Power Plant (NPP). It was truly a privilege to witness the behind-the-scenes operation of an NPP and to see the amount of effort channeled into operational safety and security at the NPPs. But more than that, it was a lovely drive through the beautiful city of Moscow.”

“This trip has been nothing short of exciting, fascinating and eye-opening. I’m especially grateful for the warm and wonderful welcome we received from the Rosatom team. They’re amazing! I can’t wait to learn and explore more of Moscow with them,” Munachimso Oguine added.

Young Nigerians also benefit from educational opportunities in Russia, particularly at Tomsk Polytechnic University (TPU), a key partner of Rosatom.

TPU offers comprehensive programs in nuclear energy and nuclear medicine, which are crucial for building a skilled workforce for Nigeria’s nuclear sector. TPU’s international programs play a pivotal role in preparing students from Africa, including Nigeria, for careers in nuclear energy, safety, and medicine.

Many Nigerian students studying at TPU or having graduated from its programs are expected to contribute significantly to advancing Nigeria’s nuclear ambitions.

While there are valid concerns and complexities associated with nuclear energy development, Rosatom’s contributions to Africa, and particularly Nigeria, are substantial and impactful. From advancing nuclear infrastructure and promoting educational exchange to enhancing safety and technology,

Rosatom’s efforts reflect a deep commitment to supporting Africa’s energy and technological needs. A balanced view that acknowledges these contributions is crucial for a comprehensive understanding of Rosatom’s role in the region.

Business

Aare Adetola EmmanuelKing Felicitates Olofin of Ilisan Remo on 86th Birthday

Published

8 hours ago

May 11, 2026

Sahara Weekly

Aare Adetola EmmanuelKing Felicitates Olofin of Ilisan Remo on 86th Birthday

The Borokinni of Ilishan Remo, Sir Aare Adetola EmmanuelKing KOF, has extended warm birthday felicitations to the Olofin of Ilisan Remo, His Royal Majesty, Oba (Dr.) Barr. Michael Olufemi Mojeed Sonuga Daniyan II, as the revered monarch celebrates his 86th birthday anniversary.

In a statement released to commemorate the royal father’s birthday, Aare Adetola EmmanuelKing described the monarch as a symbol of peace, wisdom, progress, and exemplary royal leadership, whose reign has continued to bring honor and development to Ilisan Remo.

According to him, since ascending the revered throne of his forefathers, the Olofin has consistently demonstrated purposeful leadership and unwavering commitment to the unity, growth, and cultural advancement of the kingdom, while fostering peace and harmony among the people.

He further noted that the monarch’s reign has inspired pride and confidence among indigenes of Ilisan Remo both at home and in the diaspora, adding that Kabiyesi’s dedication to community development and preservation of tradition remains highly commendable.

The Borokinni prayed for continued divine grace, sound health, long life, and greater wisdom for the royal father as he continues his impactful reign on the throne of his ancestors.

“On behalf of my family, associates, and well-wishers, I heartily congratulate His Royal Majesty, Oba (Dr.) Barr. Michael Olufemi Mojeed Sonuga Daniyan II, the Olofin of Ilisan Remo, on the joyous occasion of his 86th birthday. May Almighty God continue to strengthen Kabiyesi with peace, sound health, and many more years of fruitful reign,” he stated.

Business

Aliko Dangote Foundation, WEF Unveil 2026 YGL Aliko Dangote Fellows

Published

1 day ago

May 11, 2026

Sahara Weekly

Titans and Trailblazers: Nigeria’s Great Entrepreneurs from Abiola to Dangote — The Story of Wealth, Influence, and National Impact. By George Omagbemi Sylvester | Published by saharaweeklyng.com

Aliko Dangote Foundation, WEF Unveil 2026 YGL Aliko Dangote Fellows

…Spotlighting Africa’s Next Generation of Change Leaders

World Economic Forum (WEF) in partnership with the Aliko Dangote Foundation (ADF) has announced the 2026 cohort of the Young Global Leaders (YGL) Aliko Dangote Fellows, highlighting a new generation of African leaders committed to expanding opportunity and strengthening institutions across the African continent.

The Fellowship serves as a critical bridge between Africa’s emerging changemakers and the global Young Global Leaders network, fostering collaboration, knowledge exchange, and sustainable development. The YGL Aliko Dangote Fellowship supports high-impact African leaders by enabling their full participation in the Forum of Young Global Leaders (YGL) programme and broader WEF activities.

WEF said the 2026 YGL Aliko Dangote Fellows represent diverse professional backgrounds spanning healthcare, technology, entrepreneurship, and advocacy across sub-Saharan Africa. The newly selected fellows are Dr. Esperance Luvindao; Charlot Magayi, Founder of Mukuru Clean Stoves; Rewa Udoji, Founder of Cranstoun; Dr. Stephen Modise; Dr. Musa Kika; Hatim Eltayeb; Kemi Lala Akindoju; and Vimbai Masiyiwa.

With a strong emphasis on empowering women leaders, the Fellowship is designed to support Africans shaping solutions to pressing social and economic challenges while strengthening leadership capacity across key sectors.

Over the past 14 years, the Aliko Dangote Foundation–powered Fellowship has supported more than 130 young African leaders, providing access to Davos meetings, executive education opportunities, and influential peer networks that amplify African voices on the global stage.

Commenting on the announcement, Fatima Aliko Dangote, Trustee of the Aliko Dangote Foundation and Group Executive Director, Oil & Gas, Dangote Industries Limited, described the 2026 fellows as “leaders who will expand opportunity and strengthen institutions, advancing Africa on its own terms.”

She added: “Africa’s future will be defined by the strength of its people. When the right leaders—especially women—are empowered and given a global voice, they do not just lead; they reshape what is possible. That is why we invest in people: because it is the surest path to lasting global prosperity, stability, and self-determination. The 2026 cohort embodies this vision.”

According to her: the 2026 YGL Aliko Dangote Fellows represent that future leaders who will expand opportunity and strengthen institutions, advancing Africa on its own terms while helping define a world whose future will be shaped by the continent.

She explained that the idea behind the YGL Aliko Dangote Fellowship is to cultivate, empower, and support exceptional African leaders under 40, ensuring they have the resources to participate in the World Economic Forum (WEF)’s Young Global Leaders (YGL) community. It specifically aims to accelerate their impact on the continent and globally.

Details of the new fellows in the announcement indicated that; Hatim Eltayeb, is the Chief Executive Officer of African Leadership Academy, strengthening one of the continent’s most important leadership institutions; Dr Esperance Luvindao, Namibia’s Minister of Health and Social Services, combining clinical experience with digital health and grassroots innovation; Charlot Magayi, the Kenyan founder of Mukuru Clean Stoves, linking clean energy, public health and livelihoods; Dr Stephen Modise, Botswana’s Minister of Health, bringing a data-driven approach to public health reform.

Dr Musa Kika, Executive Director of the Institute for Human Rights and Development in Africa, using law to defend constitutionalism and civic space; Rewa Udoji, the Nigerian artist and finance professional whose work bridges culture, capital and women’s economic literacy; Kemi Lala Akindoju, the Nigerian producer and actor helping reshape the creative economy through talent development, financing and more grounded storytelling; and Ms Vimbai Masiyiwa, co-founder and Chief Executive Officer of Batoka Africa, building a model of tourism rooted in sustainability, community ownership and women’s empowerment. Together, they reflect the range of leadership the fellowship is designed to support public leaders, entrepreneurs, institution-builders and cultural actors already shaping systems in very different ways.

It would be recalled that Aliko Dangote YGL Fellowship has supported more than 90 Fellows from over 25 African countries, thus enabling full participation in the World Economic Forum’s Young Global Leaders programme through access to convenings, executive education, peer networks and global platforms.

Over that period, Fellows have taken part in more than 400 engagements across Annual Meetings, regional summits and learning modules, contributing to debates on finance, climate, health, technology and governance.

Business

Norwegian Sovereign Wealth Fund Eyes Partnership with Dangote Group on Africa Investments

Published

1 day ago

May 11, 2026

Sahara Weekly

Norwegian Sovereign Wealth Fund Eyes Partnership with Dangote Group on Africa Investments

The President/Chief Executive of Dangote Group, Aliko Dangote has held a high-level meeting with Nicolai Tangen, the Chief Executive Officer of Norges Bank Investment Management, the world’s largest sovereign wealth fund manager, overseeing assets valued at approximately $1.9 trillion.

At the meeting, the Norwegian investment institution expressed strong interest in partnering with Dangote Group to expand its footprint across the African continent, with a focus on strategic sectors including power, energy, renewables, agriculture, fertiliser and cement.

Also present at the meeting were Svein Tore Holsether, Chief Executive Officer of Yara International, one of the world’s leading fertiliser and agricultural companies, and Terje Pilskog, Chief Executive Officer of Scatec, a global renewable energy company.

The engagement shows growing global investor confidence in Africa’s industrial and infrastructure potential, as well as the increasing role of indigenous conglomerates such as Dangote Group in driving large-scale economic transformation.

For Dangote Group, the potential partnership represents a significant opportunity to deepen its investments across key sectors critical to Africa’s development, particularly in energy transition, food security and industrial capacity expansion.

The Norwegian sovereign wealth fund, widely regarded as a benchmark for global institutional investment, has in recent years shown increased interest in emerging markets, with Africa seen as a frontier for long-term value creation.

The collaboration between the fund and Dangote Group could unlock substantial capital flows into critical infrastructure and industrial projects, further accelerating economic growth and regional integration across the continent.