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El-Dabaa Nuclear Power Plant Project Construction Phase Begins in Egypt—The “first concrete” pouring for the El-Dabaa Nuclear Power Plant Unit 1 has been performed by Alexey Likhachev, Rosatom Director General, and Mohamed Shaker, Egyptian Minister of Electricity and Renewable Energy at a ceremony held to commemorate the historic event.

Dr. Amged El-Wakeel, Board Chairman of the Nuclear Power Plants Authority of Egypt  (NPPA), the owner and future operator of the El-Dabaa Nuclear Power Plant, awarded honorary plaques commemorating the first concrete pouring to His Excellency Dr. Mohamed Shaker, Egyptian Minister of Electricity and Renewable Energy, Major-General Khaled Shoeib, the Governor of Matrouh, where the project is being built, Dr. Samy Shaaban Attallah, Chairman of the Egyptian Nuclear and Radiological Regulatory Authority (ENRRA), Alexey Likhachev, Rosatom Director General, Alexander Korchagin, Senior Vice President of ASE JSC and Grigory Sosnin, Vice President of ASE JSC and General Supervisor of the El-Dabaa NPP Project Management.

Mohamed Shaker and Alexey Likhachev also awarded members of the joint Russian-Egyptian project team in recognition of their outstanding efforts with commemorative medals.

Earlier, on 29 June 2022, ahead of schedule, the ENRRA issued the construction permit for the El-Dabaa Nuclear Power Plant Unit 1, allowing concrete pouring to commence.

“The construction launch at the El-Dabaa NPP Unit 1 means that Egypt has joined the nuclear club. Rosatom will build cutting-edge power units of VVER-1200 design in the Arab Republic of Egypt. We have gained experience constructing and operating NPPs with such reactors both in Russia and abroad. Construction of the nuclear power plant will allow Egypt to reach a new level of technology, industry and education development.

The plant will be the largest project of the Russian-Egyptian cooperation since the Aswan High Dam. Having its own nuclear energy industry has been a dream for the Egyptian people for more than half-a-century, and it is a great honor for Rosatom to make this dream come true,” Alexey Likhachev noted emphasizing the significance of the event.

Amged El-Wakeel, Board Chairman of the NPPA, welcomed the attendees and stated: “I would like to welcome all of you in today’s ceremony arranged to commemorate the pouring of the first concrete for the El-Dabaa Nuclear Power Plant Unit 1, which we are celebrating in the presence of His Excellency Dr. Mohamed Shaker, Minister of Electricity and Renewable Energy and Dr. Alexey Likhachev, Director General of Rosatom.

This day would not have been possible without the wise decision of His Excellency Abdel Fattah El-Sisi, President of the Arab Republic of Egypt, to initiate the Egyptian Nuclear Project, following which all state entities sparred no efforts to achieve this common goal through a deep understanding of the nature of Egypt’s Nuclear Programme, as part of the comprehensive renaissance contributing to the new republic.”

Mohamed Shaker also stated: “The ceremony commemorating the pouring of the first concrete for Unit 1 is a great delight for us. The commencement of full-scale construction of Unit 1 is a historic event for Egypt. The political leadership and the Egyptian-Russian cooperation contributed to the implementation of this ambitious project despite the challenges presented by the Covid-19 pandemic, which did not have a negative impact on the project.”

 

The El-Dabaa Nuclear Power Plant is the first nuclear power plant in Egypt. It will be constructed in the city of El-Dabaa, Matrouh Governorate, on the Mediterranean coast, roughly 300 km north-west of Cairo.

The El-Dabaa Nuclear Power Plant will consist of 4 units with a generating capacity equivalent to 1200 MW per unit using generation III+ VVER-1200 reactors (pressurized water reactors). This is the most advanced technology to date and it has already been successfully implemented and operated in Russia and abroad.

 

The Rosatom State Corporation Engineering Division unites the leading companies of the nuclear industry in Russia and abroad.

The Engineering Division ranks first in the world by the order portfolio and the number of NPPs constructed simultaneously across the world.

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Alpha Morgan Bank Reinforces Commitment to Education at Redeemer’s University Business School Commissioning

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Alpha Morgan Bank Reinforces Commitment to Education at Redeemer’s University Business School Commissioning

Alpha Morgan Bank has reaffirmed its commitment to education and institutional development through its support for the commissioning of the Redeemer’s University Business School.

 

The Business School was officially inaugurated by Pastor (Mrs.) Folu Adeboye, at the commissioning ceremony attended by distinguished guests including Her Excellency, Mrs. Bola Obasanjo; the Pro-Chancellor and Chairman, Governing Council of Redeemers University, Professor Oluwatoyin Ogundipe; the Vice Chancellor, Professor Shadrach Olufemi Akindele; and other notable dignitaries.

 

Speaking at the event, the Managing Director of Alpha Morgan Bank reiterated the  Bank’s commitment to supporting institutions that drive intellectual growth and national development.

 

As part of its broader focus on knowledge sharing and thought leadership, Alpha Morgan Bank will host its Economic Review Webinar in May 2026, bringing together experts to share insights on key economic trends and opportunities.

 

The Bank’s involvement reflects its continued dedication to empowering institutions and shaping the future of business and leadership in Nigeria.

 

 

Read more about Alpha Morgan Bank on www.alphamorganbank.com 

 

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Buratai, Fagbemi , Shagaya, Olofa, Others Eulogise Olowu Kuta’s Olori On 60th Birthday, Foundation Launch

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Olowu Kuta's Olori On 60th Birthday
Buratai, Fagbemi , Shagaya, Olofa, Others Eulogise Olowu Kuta’s Olori On 60th Birthday, Foundation Launch Eminent personalities across the Nigeria stormed the TFK Event Centre, Bala Mohammed Way, Guzape, Abuja, to celebrate the 60th birthday of Olowu Kuta’s Olori, Queen Jumai Amoke and her Foundation Launch on Saturday 28, March 2026. From former Chief of Army Staff, Lt Gen TY Buratai rtd, to the Minister of Justice and Attorney-General of the Federation, Prince Lateef Fagbemi; Olofa of Offa, HRM Oba Mufutau Gbadamosi. Even top businesswoman and socialite, Chief (Mrs) Bola Shagaya, was in attendance. Other dignitaries were newly promoted Deputy Inspector-General of Police and former AIG Zone 2 , Lagos , Adegoke Fayoade, Major General Abdumalik, Major General Samuel Adebayo rtd (Fmr CDI); Major General Anthony Omozoje rtd (Fmr Copp); Alhaji Tajudeen Owoyemi (Asiwaju of Offa and CEO Radisson Hotel Nigeria; Dr Waheed Olagunju, former managing director of Bank of Industry,  Oniba of Iba,  Lagos State, HRM Oba Dr Suleiman Raji ; Justice Falola, Olu of Ile-Ogbo , Oba Adetoyese amongst many traditional rulers and captains of industry too numerous to mention. Speaking at the occasion, the Chief Host, Olowu of Kuta, HRM Oba Dr Adekunle Oyelude Makama, CON , Tegbosun iii, who is also the husband of the celebrant commended Queen Jumai for ‘ her slender arms full of kindness’ to establish such humanitarian Foundation, ‘Amoke Children and mother in Need Foundation’ at a time Nigerians are going through economic crisis occassioned by the global meltdown. Olowu also commended her steadfastness and love for the less privileged and downtrodden. The monarch refrenced the task before his wife’s humanitarian gesture said her best is yet to come. ” Olori Amoke Jumai, I celebrate you. You will celebrate 70, 80, 90 and continue to shine as you continue to put a smile on people’s faces. I love you, “Olowu Kuta added. To Lt Gen Buratai, a former army chief and former Nigerian Ambassador to Benin Republic, the reward of hard work is more work. Buratai, who also doubles as Balogun Agba of Owu Kuta, a chieftaincy title reserved for a generalismo congratulated Queen Jumai for attaining the age of 60 in good health. The retired army General said he’s not surprised by the turn out of eminent personalities across the country to celebrate the Olowu Kuta’s Olori because she merited it through her hospitality to all, adding that Allah the most merciful, most beneficial would accept all her act of ibadah. The minister of Justice, Prince Fagbemi, was full of praises for Queen Jumai for deeming it fit to have a place in her heart to accommodate the needy and less privileged in ‘our society.’ Prince Fagbemi urged the guests to contribute generously to support the Foundation in order to continue to alleviate poverty and put a smile on the faces of the people. ” I congratulate you on your 60th birthday and Foundation Launch. I wish you many happy returns of the day and many more fruitful services to the country and motherland”, Prince  Fagbemi added. The celebrant, Queen Jumai who was grining from ear to ear thankfully said she was excited by the turn out and the response of the people to her foundation. Queen Jumai, however, promised to continue to use her resources and donations received for the good of the needy and less privileged in the society. ” I want to appreciate my own Kabiesi Olofa of Offa , for his presence and im I’m using him as a point of contact to all other Kabiesis present here, the minister of justice and Attorney-General, you’re welcome, sir; Mrs Bola Shagaya, I salute your enterprise, Lt Gen Buratai,  I’m grateful, sir; DIG Fayoade, Justice Falola and other dignitaries too numerous to mention, I thank you, all.  To my darling husband, Kabiesi Olowu , I thank you immensely for your support. And to my family and friends, I thank you , all. E se pupo!”, she said.

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