Areva News

Vladimir Putin (Left) and Jacob Zuma, presidents of Russia and South Africa, respectively

Geopolitics Key to South Africa's $100 Billion Nuclear Plan

Politics may tip the balance as Russia’s Rosatom Corp. and France’s Areva SA (AREVA) prepare to battle it out for South Africa’s planned nuclear-energy project that could cost $100 billion.

Nuclear plant

South Africa and China sign nuclear energy pact

China and South Africa sealed three nuclear pacts, as a contest intensifies for contracts to build new atomic plants in the continent’s second-largest economy.

Koeberg nuclear power station, about 30 km outside Cape Town, on January 18, 2007

South Africa signs nuclear power agreement with China, following recent agreements with Russia and France

South Africa has signed a nuclear energy cooperation agreement with China as the government looks to expand the critical power supply system, officials said Friday.

Tina Joematt Pettersson, South Africa's Minister of Energy

France and South Africa sign nuclear energy agreement

Paris and Pretoria signed Tuesday an agreement which could open the way for French nuclear giant Areva to bid to build eight nuclear reactors in South Africa worth up to $50 billion (39.5 billion euros).