An agreement has been signed between Egypt and Russia for its to build a nuclear plant in the African country.
Russia will also extend a loan to Egypt to cover the cost of the construction.
The plant would be Egypt’s first and Is expected to be completed by 2022.
The project is expected to involve the building of a “third-generation” plant with four reactors, according to Egyptian President Abdel Fattah al-Sisi.
No cost has been given for how much the deal is worth but the loan is expected to be paid over a 35-year period.
Egypt is looking to diversify its energy resources and has also looked at building solar and wind energy facilities in the next couple of years.
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