SOCHI-(MaraviPost)-Malawi President Peter Mutharika on Friday, 25th October 2019 met a representative from Rosatom, a Russian state owned Nuclear Technology company which intends to invest in Malawi in areas of nuclear energy, rare earth mining and medicine, state House has confirmed.
Presidential Spokesperson Mgeme Kalilani told The Maravi Post that chief executive officer for ROSATOM’s central and southern Africa operations, Dmitry Shornikov made the disclosure after an audience with Malawi leader in Russia.
Shornikov said soon they will be sending a delegation to Malawi for further talks and agreements on the deals.
Rosatom controls 19 percent of uranium production globally and produces 19 gigawatts of electricity in the Russian federation.
On his part Minister of Foreign Francis Kasaila described the audience as fruitful and beneficial for Malawi.
According to Kasaila Malawi stands to benefit a lot in areas of mining,(uranium and rare earth minerals), energy ,medicine among others.
The company intends to operate nuclear plants in Zambia, Tanzanqia, South Africa, Kenya, Rwanda,Malawi among others.
