World
Russia’s Rosatom to Offer Africa Floating Nuclear Technology
By Kestér Kenn Klomegâh
State Atomic Energy Corporation Rosatom, participating in African Energy Week 2025 (AEW 2025) in South Africa, in early October 2025, engaged Africa energy experts, entrepreneurs and politicians on the adoption of floating nuclear plants, while underscoring its enduring commitment to forging long-term partnerships and delivering effective energy solutions across the African continent.
Recent survey indicated that African countries are showing increasing interest in nuclear energy, including advanced technologies such as Russian floating power units (FPUs). The leaders embrace nuclear power as a solution to persistent energy crisis which challenges development in an era of this global change. The leaders express sentiments over nuclear energy as the right investment to help most African countries achieve 100 percent electrification, and also as the driver of changing the livelihood of the people.
On records, the Director General of the State Corporation Rosatom, A.E. Likhachev, and many senior officials, unreservedly mentioned Russia’s preparedness to provide its nuclear technology, train specialists, establish research facilities for African countries. In July 2023, for instance, was the most recent guarantee given by Vladimir Putin. He indicated, in his speech, that Russian companies are implementing new mutually beneficial projects to meet the growing demands of Africans for fuel and electricity generation capacity. And that this collaboration would provide Africa with access to affordable, reliable, sustainable, and environmentally-friendly sources.
Undoubtedly, Likhachev Alexey, Director General of the State Atomic Energy Corporation, Rosatom, reiterated that Russia is currently involved in developing about 30 energy projects in 16 African countries. Russian energy companies offer a wide range of services to African partners – from the design and supply of equipment to the modernization and construction of new turnkey generation facilities.
In terms of financing nuclear energy, Kelvin Kemm, a nuclear physicist and former chairman of the South African Nuclear Energy Corporation (NECSA), and current Chairman of Stratek Global, a nuclear project management company based in Pretoria, South Africa, says many leaders are now seeing a steady visible movement towards nuclear power across the globe. This movement is accelerating. This is particularly true of African countries who more and more are realising that Small Modular Reactors are their path to prosperity. Small Modular Reactor should be pursued with vigour.
South African Kelvin Kemm, however, argues that an energy mix should be implemented such that it is effective from an engineering perspective, and is also economically genuinely productive. Africa is now advancing the nuclear agenda not only by announcing the planned building of a new large nuclear power station, but also by supporting the introduction of Small Modular Reactors.
Vladimir Aptekarev, Deputy Director General of Floating Energy Solutions at Rosatom Mechanical Engineering, told the local Russian media that “African countries’ interest in nuclear technologies is growing, and many countries on the continent are beginning to integrate nuclear energy into their national plans. There is a growing understanding that nuclear energy is not just an energy supplier, but also a driver of socioeconomic development and economic scalability, new jobs, and decarbonization as part of the environmental agenda.”
With fully operational floating power units, there have been serious substantive negotiations with a number of African countries regarding the supply of electricity from floating power units. This was noted at the prominent gathering which convened over 5,000 distinguished representatives from government, investment communities, and senior energy sector professionals, fostering critical dialogue on innovative strategies to ensure Africa’s energy security and ultimate sustainable growth.
In addition, Kirill Komarov, First Deputy Director General for Corporate Development and International Business of Rosatom, in a high-profile panel discussion entitled “Nuclear Energy in Africa: Financing, Economics, and Sustainable Deployment” underlined the sector’s challenges, including infrastructure development, regulatory environments, and financing mechanisms. Experts exchanged insights on mobilizing investments and securing the sustainable advancement of nuclear projects throughout the continent.
Komarov emphasized that Africa’s burgeoning energy needs pioneering solutions underpinned by steadfast, long-term collaboration. Egypt’s experience serves as compelling evidence that nuclear technology, when coupled with investments in human capital, infrastructure, and transparent engagement, can significantly bolster national energy security and propel sustainable development. Rosatom is, therefore, honoured to collaborate closely with African partners to cultivate a balanced and sustainable energy framework, share deep expertise, and help build a resilient, low-carbon economy for future generations.
Vladimir Aptekarev, Deputy Director General for Floating Power Energy Solutions, Rosatom, contributed to the Russia–Africa Energy Summit which explored strategic cooperation between Russia and African nations across the oil, gas, and nuclear sectors. The session focused on opportunities for technology transfer, infrastructure development, and deepening economic ties — particularly in the context of Africa’s growing energy demand and the significance of reliable, sustainable solutions such as nuclear power.
Rosatom’s presence at AEW 2025 coincided with the momentous celebration of the 80th anniversary of the Russian nuclear industry — a milestone commemorating eight decades of technological excellence and groundbreaking innovation in nuclear energy. This historic occasion was celebrated during the Global Atomic Week, held in Moscow from 25 to 28 September 2025, an event that united industry visionaries and pioneers in a shared commitment to strengthening international cooperation and fostering the development of safe, reliable nuclear technologies worldwide.
For reference: African Energy Week (AEW) is an esteemed annual forum organised by the African Energy Chamber, which convenes Africa’s foremost energy leaders, global investors, and senior executives from both public and private sectors. Over an intensive four-day programme, participants engage in forward-looking discussions aimed at shaping the future of Africa’s energy landscape.
Founded in 2021, AEW serves as a premier platform combining conferences, exhibitions, and networking opportunities with the ambitious goal of eradicating electricity deficits across Africa by 2030. The agenda features expert panels, investor forums, industry summits, and transformative sessions designed to chart a sustainable energy trajectory for the continent.
The World Atomic Week (WAW 2025), dedicated to marking the 80th anniversary of Russia’s nuclear industry, took place from 25 to 28 September 2025 at VDNH in Moscow. Russia maintains an active and expanding collaboration with all interested nations. Significant international projects are being implemented, with Rosatom and its subsidiaries playing a pivotal and leading role in these global initiatives.
By Aduragbemi Omiyale
Accessing the US Dollar in the East Africa region has now been made easier with the expansion of the stablecoin settlement infrastructure of SCRYPT.
This development enables banks, payment providers and corporate treasury teams to move value into and out of the continent in real time.
Businesses paying international suppliers frequently have to convert local currency into USD before purchasing stablecoins for settlement, incurring FX conversions and spreads before any payment is made.
But SCRYPT is eliminating this intermediate conversion by enabling direct settlement corridors for local African currencies into stablecoins.
This development allows businesses to move from local currency to stablecoin settlement in a single licensed transaction, without first sourcing rationed bank dollars, as stablecoins are increasingly becoming settlement infrastructure rather than an investment product.
The expansion adds settlement support across four African currencies: the Kenyan shilling (KES), Tanzanian shilling (TZS), Rwandan franc (RWF) and Ugandan shilling (UGX). Each corridor is delivered through the same full-stack infrastructure our clients already use for trading, custody and treasury operations.
Speaking on this, the chief executive of SCRYPT, Norman Wooding, said, “Across Africa, stablecoin adoption is driven by economic need, not speculation.
“Businesses here are not chasing yield; they are trying to pay suppliers and manage treasury without losing margin to a banking system that rations dollars. Licensed, fair-rate dollar access is the clearest proof of what this infrastructure is for.”
Also commenting, the Managing Director of Markets & Trading at SCRYPT, Mr Gabriel Titopoulos, said, “Until now, reaching stablecoins from local African currencies meant buying scarce dollars and incurring several layers of conversion costs.
“SCRYPT removes this friction. Firms and payment providers can now settle straight from local currencies through live corridors, with local partners.”
World
African Graduates Association Promoting Multifaceted Initiatives With Russian Educational Institutions
By Kestér Kenn Klomegâh
In preparations for the third Russia-Africa Summit, scheduled for late October 2026, Dr Francois Ngan, deputy chairman of the Union of Associations of African Graduates of Soviet and Russian Universities, during an official working visit, has held a consultative meeting with Professor Vladimir Filippov, the President of the Russian University of Peoples’ Friendship (RUDN), and former Minister of Higher Education of Russia, Chairman of the National Commission for Accreditation of Higher Education.
RUDN is an educational institution established in 1960, primarily to provide higher education to Third World students. It has now become a popular multidisciplinary spot for many students, especially from developing countries. The university offers various academic programmes and has research infrastructure that comprises laboratories and interdisciplinary centres. The university is named after the former Congolese leader, Patrice Lumumba.
Dr Francois Ngan and Professor Filippov discussed the importance of the Graduates Association as a continental platform dedicated to strengthening unity, cooperation, and promoting shared progress among African graduates who studied in the former Soviet Union and in the Russian Federation. They also reviewed multifaceted initiatives that could bring together alumni associations from across Africa, whose members obtained education and professional training, and cultural experiences in Soviet and Russian institutions of higher learning.
Professor Filippov expressed optimism in addressing emerging challenges as a result of shifting geopolitical changes, emphasised strategic cooperation in the educational sphere with Africa, in general, and with the Republic of Cameroon, in particular, and further about the integration of African students during their studies in the Russian Federation.
The meeting also touched on academic and scientific work, the possibility of rewriting a scientific thesis, and the official organisation of transferring versions translated into six languages for the library of RUDN. Significant questions relating to Russia’s educational opportunities, collaborations and partnerships involving African countries were thoroughly discussed.
The Union of Associations of African Graduates of Soviet and Russian Universities was created under one continental umbrella to promote friendship, for professional networking, to engage in cultural exchange, and with particular emphasis on forging strategic cooperation between Africa and Russia.
World
Russia to Support Industrial Growth, Technological Advancement and Supply Chain Resilience across Africa
By Kestér Kenn Klomegâh
With the heightening of geopolitical rivalry and competition, a new Russia-Africa working group has emerged as a significant institutional mechanism and plans to focus on facilitating and monitoring strategic investments, industrialisation, and infrastructural development—the Strategic Action Plan 2023-2026—that was outlined during the second Russia-Africa summit, in St.Petersburg, the second largest city in the Russian Federation.
While substantial progress has, largely, lagged on the multidimensional economic front with Africa primarily due to its internal difficulties and the complexity of relations with its former Soviet neighbours, Russian officials believe there still remains huge untapped potential in strengthening bilateral cooperation. As planned, President Vladimir Putin has already signed an executive order that directs Moscow to host the forthcoming third Russia-Africa summit in October 2026.
On June 30, a regular meeting of the Business Council on Africa was held under the chairmanship of the head of the Russian Foreign Ministry. It was dedicated to issues of trade, economic and investment cooperation with Africa. The group discussed the current state and prospects for the implementation of policy initiatives with an emphasis on assisting the countries of the continent, strengthening their economic, energy, technological and food sovereignty, as well as training specialists for Africa.
Foreign Minister Sergey Lavrov has reiterated that Russia-Africa relations primarily depend on an understanding of the importance of collective action based on the principles of equality, mutual respect and resolving common tasks. In the past few years, Russia-Africa cooperation has been noticeably strengthening. “We are deepening political dialogues, developing bilateral contacts with African countries, promoting cordial cooperation between ministries and departments, and expanding humanitarian exchanges. We are also continuing the structural diversification of trade partnerships and economic dimensions.”
“Next on the agenda is the launch of diplomatic missions in The Gambia, Liberia, Togo, and the Union of the Comoros,” Lavrov said at a meeting of the Business Council under the Russian foreign minister. Lavrov noted that Russian embassies began operating in three other African countries in 2025: Niger, Sierra Leone, and South Sudan. A new Department for Partnership with Africa was also established. According to the top diplomat, “expanding Russia’s diplomatic presence on the continent contributes to developing relations.”
There are already 45 Russian embassies operating in Africa. The Russian foreign minister noted that Moscow is quickly rebuilding its presence in African countries, which sharply declined during the collapse of the Soviet Union. “There will be literally four or five countries left where we still need to establish full-fledged embassies, and then, we will have 100 per cent coverage of the entire African continent with our diplomatic presence,” Lavrov emphasised.
After the first summit in October 2019, the Foreign Ministry also created the Secretariat of the Russia-Africa Partnership Forum. Its main tasks include controlling the roadmap to Africa’s multidimensional cooperation and guiding potential Russian investors to the continent. This also underscored the priority and post-Soviet solidarity Russia currently attaches to its policy towards Africa, within the growing framework of the emerging new architecture of multipolarity in the Global South.
In an interview in June 2026, the director of the Department of Partnership with Africa at the Foreign Ministry, Tatyana Dovgalenko, shared a few insights in the lead-up to the third summit. Furthermore, Dovgalenko explained that Russia would move away from security to concentrate more on economic issues, especially to team up with African colleagues to streamline mechanisms for implementing projects that will ensure food security and agriculture, and help Africa in installing processing facilities to support its self-sufficiency. She also emphasised energy and vital infrastructures, and the third direction was to simultaneously work more coherently with sub-regional organisations.
Over the past few years, bilateral relations have been increasing. There are positive dynamics in trade turnover, estimated at $30 billion. Steps are being taken to build payment systems, preferably in national currencies, while Russia looks to open four more diplomatic offices, bringing the total to 48 across Africa. Russia is currently training 37,000 African students, but only approximately 1/3 on state scholarships in Russia’s educational institutions. “We are ready to share valuable experiences of building a sovereign development model with African partners to achieve self-reliant economic growth based on their own resources and capabilities. Russia aims at creating processing capabilities and localising production, and provides access to advanced technological solutions,” underlined Dovgalenko in her interview with New Eastern Outlook.
For African countries that have endured difficult decades on the path to political independence, it is now important to take full control over the untapped resources, direct income and revenue toward stimulating the national economic sector, rather than paying for the well-being of the Western “golden billion” during this changing geopolitical era, according to Dovgalenko.
According to reports, the forthcoming Russia-Africa summit will have an economic agenda, including the digital economy, technology, artificial intelligence, healthcare, investment, and settlements in global trade. Of course, the agenda will also cover Africa’s political aspects. But if African friends bring along any specific ideas, Russia will give them serious attention. In addition, with continuity and consistency, pay increased attention to expanding ties with Africa’s regional integration associations.
Going forward, the focus will be on translating strong trade relations into deeper investment partnerships, fostering technology collaboration, strengthening industrial linkages and contributing towards the shared objectives set by the leadership of both African countries and Russia. At the third summit, the above-mentioned specific initiatives will be further designed. In this regard, the key document, the new action plan for the next three-year period (2027-2029), is intended to reflect dynamic realities in the future relations of Russia and Africa
