Egypt: Sisi Approves Loan Agreement With Russia to Finance Egypt's Nuclear Plant

Photo: Eskom
Africa's only nuclear power station so far, in South Africa. Egypt is on track to go nuclear next, and Nigeria is among a number of other African nations which have signed agreements with Russia.

President Abdel Fattah El Sisi issued a decree approving a 25-billion-dollar loan agreement between Egypt and Russia.

The loan will finance building a nuclear power plant in Egypt.

The decree was published in the Gazette on Thursday.

MENA

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