energy

Russia to help Ghana build 2,000 MW nuclear plant, Accra says

Ghana's foreign minister said on Saturday that Russia agreed to co-develop a 2,000-megawatt nuclear plant and deepen defense ties, according to Reuters.

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what happened

Ghanaian Foreign Minister Samuel Okudzeto Ablakwa said on Saturday that Russia has agreed to work with Ghana on a nuclear power station with a capacity of 2,000 megawatts, Reuters reports. He said the project should bolster the country's energy security and support industrial growth. He made the remarks in a post on X after talks held at the Russia-Africa Summit.

A day earlier, Rosatom, Russia's state nuclear company, said it was negotiating large atomic energy projects with four African nations, Ghana among them. The Russia-Africa Summit, first convened in 2019, forms part of Moscow's wider effort to expand economic links with the continent through energy.

The two governments also signed a new defense agreement covering assets for Ghana's armed forces. Ablakwa added that President Vladimir Putin had barred Ghanaians from taking part in the war in Ukraine, including through irregular recruitment or voluntary enlistment. Further commitments include support for Ghana's farming sector and more scholarships for Ghanaian students studying in Russia.

why it matters

For uranium, the project supports long-term demand for nuclear generation, but the report gives no construction timeline or financing details. For oil and gas, the news barely shifts near-term supply or demand balances.

tags

instruments

Uranium

sources

  1. Ghana says Russia to back 2,000 MW nuclear plant, deepen ties — Reuters, 31 October 2026 at 19:40 UTC

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