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expr:content='data:blog.isMobile ? "width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0" : "width=1100"' name='viewport'/> Jaiyeorie — What’s happening | Why It Matters : Russia to build $21bn nuclear facility in Egypt

Russia to build $21bn nuclear facility in Egypt


Russia building a new nuclear power plant that'll cost as much as $21bn (£15.7bn) in Egypt.
Rosatom, Russia's state-owned nuclear company, said the nuclear plant would be completed by 2029 as Russian President Vladimir Putin signed an agreement with his Egyptian counterpart Abdel Fattah al-Sisi, two years after the initial deal to loan Egypt 85% of the construction costs in return for servicing the reactors for 60 years was signed.




Russia to build?$21bn?nuclear facility in Egypt
This is one of a series of plants Russia is building across the continent.  In October, it was revealed it would build two in Nigeria, while a similar deal in South Africa has run into trouble.#Africa ... spill TEA.... Easy on Shade #jaiyeorie

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