Current:Home > InvestSouth Africa to build new nuclear plants. The opposition attacked the plan over alleged Russia links -MoneyStream
South Africa to build new nuclear plants. The opposition attacked the plan over alleged Russia links
View
Date:2025-04-24 14:04:57
CAPE TOWN, South Africa (AP) — The South African government announced plans on Tuesday to build new nuclear power stations to generate more electricity amid an energy crisis and regular blackouts in the continent’s most advanced economy.
The move to invite bids to build the stations — which will take at least a decade to be ready, according to officials — was immediately criticized by the main political opposition party, which said that Russian state-owned nuclear agency Rosatom was the South African government’s “preferred partner.”
Government officials didn’t name any potential bidders and only outlined the start of the process.
But the criticism by the opposition Democratic Alliance was linked to a major nuclear deal that South Africa signed with Russia in 2014 worth an estimated $76 billion that was shrouded in secrecy and canceled by a South African court in 2017 for being illegal and unconstitutional. It was tarnished with allegations of large-scale corruption and was signed under the leadership of former South African President Jacob Zuma, who is now on trial on unrelated corruption charges.
Plans for the new nuclear stations came a day after the South African government approved an agreement with Russian bank Gazprombank to restart a gas-to-liquids oil refinery on South Africa’s south coast, which has been out of operation since 2020. Gazprombank is among numerous Russian financial institutions sanctioned by the United States.
The South African government said that Gazprombank “would share in the risk and rewards of reinstatement of the refinery” once the details of the agreement were finalized, which was expected to be in April.
South Africa currently has one nuclear plant, the Koeberg Nuclear Power Station, around 50 kilometers (31 miles) north of Cape Town. It is the only one on the African continent.
Numerous other African countries, including Burkina Faso, Mali, Zimbabwe, Rwanda, Burundi, Ethiopia and Egypt have been linked with nuclear power agreements with Russia or have agreements to build nuclear power plants.
Many parts of Africa have unreliable electricity supplies, providing opportunities for Russia’s nuclear business, but also giving it the chance to extend its political influence on the continent amid the collapse of its relationship with the West over the war in Ukraine.
Zizamele Mbambo, the deputy director-general of nuclear energy in the South African government’s Department of Mineral Resources and Energy, said the tender process for the new power stations would be open and transparent and had been approved by the energy regulator. The stations would be completed by 2032 or 2033 at the earliest, he said.
___
AP Africa news: https://apnews.com/hub/africa
veryGood! (157)
Related
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Parisian Restaurant Responds to Serena Williams' Claims It Denied Her and Family Access
- USWNT's win vs. Germany at Olympics shows 'heart and head' turnaround over the last year
- PHOTO COLLECTION: AP Top Photos of the Day Tuesday August 6, 2024
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Flush with federal funds, dam removal advocates seize opportunity to open up rivers, restore habitat
- Kamala Harris' vice president pick Tim Walz has a history of Taylor Swift, Beyoncé fandom
- Judge keeps alive Vermont lawsuit that accuses police of force, discrimination against Black teen
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Save an Extra 20% on West Elm Sale Items, 60% on Lounge Underwear, 70% on Coach Outlet & More Deals
Ranking
- Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
- What investors should do when there is more volatility in the market
- Georgia tops preseason college football poll. What are chances Bulldogs will finish there?
- Jack Black says Tenacious D 'will be back' following Kyle Gass' controversial comments
- 2025 'Doomsday Clock': This is how close we are to self
- Extreme heat is impacting most Americans’ electricity bills, AP-NORC poll finds
- Ancient 'hobbits' were even smaller than previously thought, scientists say
- Spain vs. Brazil highlights: Brazil holds off comeback, will play for Olympic gold
Recommendation
Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
Finally, US figure skaters will get Beijing Olympic gold medals — under Eiffel Tower
San Francisco Ferry Fleet Gets New Emissions-Free Addition
Texas inmate Arthur Lee Burton to be 3rd inmate executed in state in 2024. What to know
Average rate on 30
Microsoft hits back at Delta after the airline said last month’s tech outage cost it $500 million
Why is 'Brightwood' going viral now? Here's what's behind the horror sensation
49-year-old skateboarder Dallas Oberholzer makes mom proud at Paris Olympics