Rwanda advances SMR plan, faces $500M financing hurdle for 100 MW plant

Rwanda is pursuing Small Modular Reactors to expand electricity capacity and transition to clean power, but financing a pioneering 100 MW plant estimated at $500 million remains the key challenge. The project's viability depends on securing funding and regulatory approval, with no confirmed timeline or investor commitments. This marks a notable step for African nuclear adoption, though it remains in early planning stages.