Russian Government Optimistic in Assisting Malawi's Nuclear Energy Investment
Russian government optimistic about assisting Malawi's nuclear energy investment, aiming to boost energy sector and foster economic development , writes Chrispine Lwanja.
Moscow, Russia - In a bid to bolster Malawi's energy sector and foster economic development, the Russian government has expressed its optimism about assisting Malawi in investing in nuclear energy, writes Chrispine Lwanja.
The announcement came during a meeting held on Wednesday, May 24, 2023, between the Minister of Homeland Security, Kenneth Zikhale Ng'oma, and the State Secretary and Deputy Minister of Internal Affairs for the Russian Federation, Igor N. Zubov, on the sidelines of the 11th International Meeting of High-ranking Officials Responsible for Security Matters in Moscow.
During the meeting, Minister Ng'oma highlighted Malawi's abundant mineral resources, which he believed could be of interest to the Russian government for investment.
He emphasised the need for a mutual agreement that would benefit both nations.
"We have minerals, but due to our capacity, we are failing to mine them ourselves, resulting in international mining companies benefiting without benefiting the country," Ng'oma explained.
State Secretary Igor N. Zubov responded by expressing his belief in Malawi's potential for development and urging the country to transition from hydroelectric power to nuclear energy.
Zubov argued that nuclear energy could enable Malawi to generate sufficient electricity, which could also be exported to neighbouring countries, ultimately stabilising the nation's economy.
To demonstrate their commitment, the Russian government pledged to invest approximately $20 million in the establishment of a nuclear power plant in Malawi.
"With a population of over 19 million people, Malawi presents a potential market for nuclear energy, and we are willing to assist in realising this project," Zubov stated.
Considering the absence of a Russian embassy in Malawi, Zubov encouraged Malawi to collaborate closely with neighbouring Zimbabwe on various matters.
This partnership would facilitate effective communication and cooperation between the two countries.
If Malawi successfully establishes a nuclear power plant, it will become the third African nation, following South Africa and Egypt, to utilise nuclear energy.
Meanwhile, Ng'oma used the platform of the 11th International Summit on Security Matters to appeal to the international community for assistance in the aftermath of Tropical Cyclone Freddy, which affected the southern region of Malawi.
He specifically requested fertiliser and other aid to support the affected population and highlighted the need for helicopters to enhance search and rescue capabilities during disasters.
Minister Ng'oma is scheduled to engage with other high-ranking government officials from various countries to discuss matters of national interest.