Sharp Daily
No Result
View All Result
Monday, April 20, 2026
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home Technology

Govt seeks KES 11 billion for nuclear research program

Austin Wekesa by Austin Wekesa
March 25, 2024
in Technology
Reading Time: 1 min read

Kenya’s aspiration to commence nuclear power production hinges upon securing a minimum investment of KES 11 billion to develop the nation’s inaugural nuclear research reactor, earmarked for research, education, and training purposes.

The Nuclear Power and Energy Agency (NuPEA), the overseeing body of the nuclear power program, disclosed plans to procure these funds in two phases, covering 40% of the initial outlay: KES 3 billion in 2026 and KES 8 billion the subsequent year.

NuPEA’s strategic roadmap spanning 2023 to 2027 delineates multifaceted applications of the reactor in research, education, healthcare, industrial, and energy sectors.

The acquisition of 65 acres at Konza Technopolis for the reactor and ancillary nuclear research infrastructures epitomizes NuPEA’s flagship initiative, necessitating a total investment of KES 32.5 billion.

RELATEDPOSTS

Kenya’s smartphone demand falls 7.8% to 7.2 million units in 2025

April 7, 2026

Worldcoin deletes all data collected from Kenyans in 2023 after High Court order

January 22, 2026

Following a thorough review by the International Atomic Energy Agency (IAEA), Kenya received validation of substantial strides in establishing requisite infrastructure for its research reactor program.

The nation envisions commissioning the reactor between 2030 and 2034, concurrently contemplating the prospect of a 1,000 Megawatt electrical (MWe) nuclear facility in either Kilifi or Kwale.

NuPEA anticipates engaging up to 7,000 laborers during the peak construction phase and maintaining a staff complement of 700 during operation.

Moreover, it underscores the potential economic windfall, including the reduction of petroleum imports, thus conserving foreign exchange reserves. To underpin these ambitions, NuPEA earmarks KES 4.7 billion for infrastructure setup, which encompasses the KES 2.9 billion allocation for the acquisition of 400 acres of land.

Previous Post

Safaricom partners three African corporate leaders to drive remittance innovation

Next Post

EABL denies allegations by African Originals, cites lack of evidence

Austin Wekesa

Austin Wekesa

Related Posts

Business

M-Pesa drives surge in NSE retail trading

April 20, 2026
Technology

Kenya’s smartphone demand falls 7.8% to 7.2 million units in 2025

April 7, 2026
Technology

Kenya Targets Sh152 Billion to Become Africa’s AI Hub

April 2, 2026
Analysis

NCBA’s digital lending hits kSh 1.4 trillion as mobile banking drives growth

March 30, 2026
Technology

Airtel Africa and Starlink complete satellite to phone tests in Kenya

March 25, 2026
Business

KCB profits rise as banking sector shows strong growth

March 23, 2026

LATEST STORIES

Kenya’s 15% minimum tax on multinationals: What it means and why it matters

April 20, 2026

M-Pesa drives surge in NSE retail trading

April 20, 2026

The role of dividend policy in investment decision-making

April 20, 2026

Why your account may be flagged by kenya revenue authority (KRA)

April 17, 2026

Kenya faces sharp fuel price spike and policy response

April 17, 2026

The hidden cost of inflation on Kenyan retirement funds

April 17, 2026

Startup funding options in Kenya

April 17, 2026

The risks of scaling too fast in business

April 17, 2026
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024