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Nuclear Power: A Clean, Green, Reliable Strategy for Africa -A Just Transition with an Energy Mix (By Cheikh Niane and NJ Ayuk)

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Nuclear Power

Nuclear power also creates minimal byproducts, which Africa is well suited to manage

JOHANNESBURG, South Africa, March 29, 2023/APO Group/ — 

By Cheikh Niane, Permanent Secretary for Energy, Secretary general of Ministry of Petroleum and Energies, Senegal and NJ Ayuk, Executive Chairman, African Energy Chamber (http://www.EnergyChamber.org).

Globally, 800 million people lack electricity – and 80% of them live in Africa. With the continent’s population expected to nearly double by 2050, our energy needs are only growing. Generating reliable electricity for 2.5 billion souls – in a safe, green, and sustainable manner – will prove no small feat.

Fortunately, one solution does meet those competing criteria: nuclear energy. No single power source is a panacea, but nuclear answers many of Africa’s energy needs. It’s a safe, reliable, long-term power source that is arguably more eco-friendly than the most advanced forms of wind and solar energy. Better yet, small modular reactors (SMRs) are addressing the issue of nuclear’s large startup costs. SMRs’ largest components can be built in-factory and shipped to site, which makes them significantly more affordable and scalable for developing nations. I’m encouraged to see Ghana pursuing this technology, and South Africa and Egypt operating and building traditional plants. I can only hope that other nations follow suit – nuclear remains a strong weapon against energy poverty.

Safe  

Pop culture has created myths about the dangers of nuclear energy. Even taking the Chernobyl, Russia explosion and Fukushima, Japan evacuations into account, nuclear remains ranked as the world’s second safest energy source. At .03 deaths (https://apo-opa.info/3M3IY2D) (per terawatt hour (the average power flow over 1012 hours), it’s nearly as safe as solar (.02 deaths per terawatt hour). Coal, on the other hand, sees 24 deaths per terawatt hour. Tellingly, the U.S. and France – the world’s largest producers of nuclear energy – have never seen a serious (https://apo-opa.info/3lOyucK) reactor accident. In short, responsible nations should ignore unscientific fearmongering and continue to work with the International Atomic Energy Agency (IAEA), which helps nations develop safe and compliant nuclear programs.  

Reliable

Nuclear easily holds the crown in terms of reliability – of all energy sources it has the highest capacity factor (https://apo-opa.info/3G0TWlB),  which means that nuclear plants produce at maximum capacity 92% of the time. Contrast this with wind and solar, which operate at full capacity 35% and 25% of the time, respectively. Unlike nuclear fission, these renewables produce at the mercy of weather. Nuclear plants also require less frequent maintenance, so they operate for longer and more consistent stretches.

This matters because we need reliable tools to combat energy poverty. We can’t ask the 900 million Africans who use dirty or hazardous cooking fuel to place their sole trust in wind or solar – a grid that operates 25-35% of the time does not constitute a significant step forward. Renewables do have a place in Africa’s future – but our current strategy needs to incorporate more tried and true methods.

Green

Last July, the European Union began to acknowledge nuclear power as a sustainable energy source. Cynics attribute this new label solely to rising oil prices, but nuclear’s green benefits have always been clear: It’s a zero emission, long term, plentiful source that demands little land and generates negligible amounts of waste (The nuclear waste created by one American’s electricity use over 70 years would fit into a soda can.) And despite the enthusiasm for renewables like solar and wind, nuclear power outstrips both in sustainability.

Many nations that could afford nuclear energy remain understandably wary of the 10 to 15 years required for constructing a traditional plant

By its very nature, nuclear power is eco-friendly: Reactors create energy by fission (the splitting of atoms) – so they emit virtually no greenhouse gasses or pollutants. The International Energy Agency estimates that nuclear energy enables the globe to avoid 1.5 gigatonnes (https://apo-opa.info/3JX6kEF) of emissions each year (the equivalent of what 200 million cars emit annually).

Nuclear facilities also use very little land. A 1,000-megawatt nuclear facility requires one square mile to operate – to generate the same amount of power, a solar photovoltaic plant would require 75 miles, and a wind farm 360 miles. In terms of land footprint, nuclear is literally over a hundred times more efficient than these much-touted renewables.

Nuclear power also creates minimal byproducts, which Africa is well suited to manage. Literally all of the nuclear waste generated by the U.S. in five decades could fit into a football field (https://apo-opa.info/40qbsbi) 10 yards deep. Future waste could be buried deep in the ground – a storage method suited to nations that already contain deep mining (https://apo-opa.info/40LBkhq) facilities, including South Africa.

It’s also worth noting that nuclear equipment simply lasts longer than that of renewables. A single reactor can operate for upwards of 70 years, partly because old components can be maintained and replaced. Contrast this with solar panels, which are designed to last 30 years at most. The used panels – and their toxic components like cadmium, arsenic, and chromium –  must then be disposed of, creating a never-ending waste management problem (https://apo-opa.info/3TPLKun).

Improved Technology

Of course, nuclear power has always suffered from a significant disadvantage: Its installation is expensive and requires considerable upfront investment. Many nations that could afford nuclear energy remain understandably wary of the 10 to 15 years required for constructing a traditional plant.  

However, new technology is already cutting that time in half – SMRs can be built in under five years, offering game-changing opportunities for Africa’s nuclear development. This significantly reduces startup costs, enables more flexible siting, and allows for incremental growth – nations can gradually add multiple SMRs as they expand their grid. These qualities all make nuclear much more accessible for nations with smaller budgets and scattered populations – and a few, including Ghana, have already taken notice.

Moving Forward

Ghana, which operates a research reactor and follows the IAEA “milestone approach” for adopting nuclear power, has ambitions to become a leader in SMR deployment. Its commitment has already attracted international investment – Japan and the U.S. are contributing feasibility studies, with plans (https://apo-opa.info/3JRg3Mt) to provide technical and regulatory assistance. The joint endeavor is partly enabled by the American program FIRST (https://apo-opa.info/3M1LKWa), which supports nuclear as a method of fighting climate change. It’s a reminder that the international community increasingly embraces nuclear as green – nations should open their eyes to these partnership opportunities.

It’s also worth noting the nations pursuing more conventional plants — South Africa currently operates a commercial nuclear plant, and Egypt has already begun construction on one with Rosatom, a Russian company that also installs SMRs.

Several other African states have strong potential to construct plants by 2030. Algeria, Morocco, and Nigeria also operate research reactors and have expressed interest in commissioning plants. Kenya and Sudan have worked with the IAEA and supplier countries such as Russia and China.

Countries like Ethiopia, Kenya, Niger, Rwanda,  Senegal, Uganda, Tanzania and Zambia are currently working with IAEA who is supporting them as Embarking Countries in Establishing National Infrastructure for Research Reactors program and this is progressing well considering the milestones approach of the IAEA.

We encourage these states to continue the good work, and for others to accelerate their talks with the IAEA. Even a single SMR can power an entire city (https://apo-opa.info/3M0kFTb) for decades, and scaling them will only grow easier. Nuclear remains a safe, clean, and reliable long-term investment – and our strongest weapon against our rising population’s demand for energy.

Distributed by APO Group on behalf of African Energy Chamber.

Business

Novum Studio Secures New Funding to Launch Ahoy Project, an AI-Native Enterprise Transformation Platform, Building on Its 20-Million-User Gen Z App Frog

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Novum Studio
  • Novum Studio has raised a new round of funding to launch Ahoy Project, its enterprise AI solution, with internal testing scheduled for July 2026.
  • Ahoy Project is positioned as the infrastructure for AI-native enterprise transformation – an AI-native communication platform serving as the underlying system, delivered as an end-to-end tailored solution.
  • The launch expands the company beyond Frog, its Gen Z consumer social app that has reached 20 million users across the U.S. and Europe.
  • Novum Studio said it is applying lessons from operating high-frequency social platforms at scale to workplace communication and knowledge systems.

NEW YORK, USA – Media OutReach Newswire – 24 July 2026 – Novum Studio, the company behind Frog – a Gen Z social app often described as a “new-generation Snapchat” – said it has raised a new round of funding and will use the proceeds to launch Ahoy Project, an AI-native enterprise communication and collaboration platform, with internal testing scheduled for July 2026.

The Novum Studio team at London Tech Week 2025.

Unlike conventional workplace software, Ahoy Project will not be sold as a standalone software subscription, the company said. Novum Studio provides the infrastructure and a full tailored solution for enterprises undergoing AI-native transformation, with the communication platform serving as the underlying system on which that transformation is built.

Founded as a consumer social company, Novum Studio has reached more than 20 million users across the U.S. and Europe. Frog gained traction among younger users through spontaneous, real-time sharing designed around authenticity and low-pressure interaction. The company said its experience building large-scale social “spaces” – where millions of people communicate, form groups and coordinate in real time — directly informs its approach to enterprise collaboration.

The new funding will support the launch and international expansion of the enterprise business as artificial intelligence reshapes how organizations communicate, collaborate and operate, the company said.

Novum Studio was founded by Anna Danyi, who graduated from the London School of Economics and Political Science (LSE) in 2018 and began her career in consulting and technology. Before founding Novum Studio, she built multiple consumer applications and exited through an acquisition. In 2025, Forbes China recognized her among the Top 100 most influential global Chinese figures in AI digital products area.

“We spent years understanding how millions of users communicate online,” Anna Danyi said. “In the AI era, communication itself is becoming intelligent. We believe the next generation of platforms will not only connect people — they will understand workflows, collaboration and organizational behavior.”

From Consumer Social to Enterprise AI

Modern organizations face growing challenges as critical knowledge, decisions and workflows become fragmented across chats, meetings and disconnected tools, the company said. Ahoy Project addresses this as a conversation-driven, AI-native collaboration layer: it captures context from day-to-day communication to build a searchable enterprise knowledge base and support workflow coordination.

Core capabilities include conversation-based knowledge organization, AI-assisted collaboration and workflow support integrated directly into team communication. Because the platform sits at the layer where work is discussed and decided, it can serve as the foundation for a broader AI-native operating model – with Novum Studio designing and delivering the surrounding transformation solution for each enterprise client.

Ahoy (Popeye AI) turns everyday team conversations into a searchable enterprise knowledge base.

A New Direction for Social Technology

Novum Studio said its expansion reflects a broader shift across the technology industry. Platforms such as TikTok and Instagram defined how content was distributed and consumed in the mobile social era; as AI becomes embedded in digital products, the company believes the next stage will center less on feeds and more on intelligent systems that understand communication and coordination.

“We are no longer just building products where people post content,” Anna Danyi said. “We are building systems that understand how humans communicate and operate together.”
 

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Energy

Venezuela Energy Week to Host Houston Industry Showcase, Unlocking United States (U.S.) Commercial Engagement Ahead of October Summit

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African Energy Chamber

Ahead of Venezuela Energy Week 2026, U.S. exploration companies, independent operators, oilfield service providers and investors are invited to explore commercial opportunities across Venezuela’s upstream sector at the Houston Industry Showcase next month

HOUSTON, United States of America, July 23, 2026/APO Group/ –Venezuela Energy Week will host an Industry Showcase in Houston on August 18, 2026: a targeted industry roadshow designed to engage U.S. energy stakeholders ahead of the October summit. Held at The Post Oak Hotel, the showcase will convene senior representatives from across the U.S. upstream ecosystem – including exploration and production companies, Texas-based independents, oilfield service companies, engineering and technology firms, commercial banks, private equity firms and family offices – to assess commercial pathways for participation in Venezuela’s energy sector.

 

As Venezuela looks to expand production, U.S. companies remain well positioned to contribute technical expertise, capital and operational capabilities across the upstream value chain. Chevron’s longstanding presence in the country highlights the continued importance of U.S. industry participation, while the scale of Venezuela’s resource base continues to attract interest from major international energy companies, including ExxonMobil and ConocoPhillips. Opportunities extend across exploration, field development, production optimization, infrastructure rehabilitation and digital modernization as Venezuela seeks to strengthen its energy sector.

 

Demand is also expected to grow for oilfield service companies, engineering firms, technology providers and financial institutions that can support upstream investment and project execution. Companies including SLB, Halliburton and Baker Hughes have been identified as potential partners in advancing production optimization and infrastructure rehabilitation, while commercial banks, private equity firms and family offices will play an important role in financing future investment opportunities.

 

Against this backdrop, the Houston Industry Showcase will provide a structured engagement platform at a time when select international operators continue to operate under U.S. Treasury-authorized frameworks, and where policy considerations in the U.S. continue to shape engagement parameters in Venezuela’s energy sector.

 

The event will enable U.S. exploration companies, independent operators, oilfield service providers and investors to assess technical and commercial pathways across exploration, field services, project delivery and broader supply chain opportunities, while supporting early-stage dialogue between international investors and Venezuela-focused stakeholders in a structured commercial environment ahead of the October summit.

 

To register for the Houston Industry Showcase on August 18, visit www.venezuelaenergyweek.com/rsvp-houston. To learn more about delegate, sponsorship and partnership opportunities for the showcase or to secure your place at Venezuela Energy Week 2026 in Caracas this October, contact info@venezuelaenergyweek.com.

 

Supporting Venezuela’s Earthquake Recovery

 

Our thoughts are with the people and communities affected by the recent earthquakes in Venezuela. As the country begins the long process of recovery, we encourage members of the global energy community to support relief and reconstruction efforts through the CAF Recovery and Reconstruction Fund for Venezuela, which channels contributions from individuals, companies and organizations to emergency assistance, essential services and long-term rebuilding efforts.

 

To learn more or make a contribution, please visit the CAF Recovery and Reconstruction Fund for Venezuela (https://apo-opa.co/4fM0rLr).

 

Distributed by APO Group on behalf of Energy Capital & Power.

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Business

Africa Trade Gateway Delivers US$5.3-Million Cross-Border Transaction in First Energy Sector Trade in Southern Africa

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Afreximbank

The transaction represents an important milestone for both the participating institu-tions and the ATG ecosystem as it marked Innbucks Microbank’s first completed transaction through the platform and the ATG’s first recorded energy-sector transac-tion in Southern Africa

HARARE, Zimbabwe, July 23, 2026/APO Group/ –A US$5.3-million cross-border fuel (gasoil) trade transaction has been successfully completed with support of the Africa Trade Gateway (ATG), African Export-Import Bank’s (Afreximbank’s) (www.Afreximbank.com) flagship digital trade ecosystem, demonstrating the value and efficacy of the Gateway in powering African trade.

The transaction, which saw Zimbabwean fuel importer Witeva Trading source a gasoil shipment from a leading commodity trader and supplier in Switzerland, with Innbucks Microbank Ltd. participating as the local issuing financial institution and Afreximbank providing confirmation support under agreed trade finance structure, demonstrates how African businesses can leverage one connected ecosystem to identify opportunities, access finance and complete international trade more efficiently.

The ATG made it possible for the commercial opportunity to be connected to the right ecosystem participants, bringing together the buyer, supplier and participating financial institutions to support a successful execution of the transaction.

The transaction represents an important milestone for both the participating institutions and the ATG ecosystem as it marked Innbucks Microbank’s first completed transaction through the platform and the ATG’s first recorded energy-sector transaction in Southern Africa.

This transaction demonstrates the value of bringing African businesses and financial institutions together through one connected trade ecosystem

It also demonstrates how African Businesses can use a single digital ecosystem to identify commercial opportunities, connect with verified counterparties, access trade-finance support and execute cross-border transactions more efficiently.

Peter Olowononi, Director, Regional Operations, Southern Africa, at Afreximbank, said:

“This transaction demonstrates the value of bringing African businesses and financial institutions together through one connected trade ecosystem. By creating a digital ecosystem to expand access to trade finance, Afreximbank is enabling more businesses to participate easily in regional and international trade.”

Emeka Onyia, Director, Digital Business, at Afreximbank, added:

“The Africa Trade Gateway is more than a mere digital platform; it is the ecosystem that helps trade happen. We help businesses discover opportunities, connect with trusted buyers, suppliers and financial institutions, and facilitate the journey from commercial opportunity to completed transactions. Every successful deal strengthens the network, attracts new participants and creates more opportunities for African trade.”

“As more businesses, banks and trade partners join the ecosystem, every successful transaction expands the marketplace, strengthens trust across the network and increases opportunities for future trade,” Mr. Onyia added.

Distributed by APO Group on behalf of Afreximbank.

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