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    1.0.24

    Uganda Gears to Set up First Nuclear Plant in East Africa for $9 Billion

    Eunniah
    By Eunniah Mbabazi
    - October 13, 2022
    - October 13, 2022
    African Wall StreetEnergy
    Uganda Gears to Set up First Nuclear Plant in East Africa for $9 Billion

    Uganda is seeking potential partners in the coming year to develop East Africa’s first nuclear power plant. The project, expected to cost as much as $9 billion, seeks to boost the country’s electricity generation.

    The government is working with China, Russia and the U.S. as it seeks investors, according to Energy Ministry Permanent Secretary Irene Batebe, adding that construction of the 2,000-megawatt plant, which could be operational by 2031, may occur in two phases due to the expected cost.

    Uganda relies heavily on hydropower and is trying to diversify its generation mix.

    Generation from other sources will help bridge expected spike in energy demand by 2040, according to the government. Currently 57% of the country has access to electricity, with 19% connecting to the national grid and the remainder using local resources including solar. 

    See Also:

    Kenya to Build $5 Billion Nuclear Power Plant in Tana

    The Kenyan Wall Street

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