South Africa to Invest $15 Billion to Prep Nuclear Energy Program

 South Africa to Invest $15 Billion to Prep Nuclear Energy Program

South Africa says it has put aside 200 million Rand ($15 million) in preparation for its nuclear energy program.

The Treasury said to Reuters that it has already funded 23 billion Rand ($1.7 billion) into state power utility Eskom through the sale of its stake in mobile phone company Vodacom.

South Africa is facing an energy crisis and electricity shortages and is looking to diversify its reliance on coal-fired power plants, according to the article.

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