The digital infrastructure imperative in African markets
Cell towers in Angola, 2014. (Flickr/jbdodane)
Over the past two decades, Chinese companies have come to dominate the telecom infrastructure landscape in emerging markets. Around 50 percent of Africa’s 3G networks and 70 percent of its 4G networks are built by Huawei. The Clean Network initiative was the central Trump administration policy aimed at curbing the expansion of Chinese technology infrastructure but has only found success in getting European countries to agree to use non-Chinese infrastructure in expanding telecom networks. Countries such as the United Kingdom (UK), Czech Republic, and Poland, as well as telecom companies such as Orange and Telstra, notably signed on to the initiative. While there is an expectation of more diplomacy in US-China relations under the Biden administration, the recently established Pentagon task force on China indicates that this administration is just as concerned about the spread of
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06 April 2021
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Japanese engineering, procurement, and construction firm JGC Holdings Corporation (JGC HD) has agreed to invest USD40 million in small modular reactor developer NuScale Power. It will also partner with Fluor Corporation - NuScale s majority investor - on the deployment of NuScale power plants.
How a NuScale SMR plant could look (Image: NuScale)
JGC HD said it will invest USD40 million in NuScale through a special-purpose company established by JGC s US subsidiary. It plans to participate in NuScale s first SMR plant through JGC Corporation, the group company that handles overseas EPC business. JGC Corporation will collaborate with Fluor. In the medium and long term, JGC Corporation will work with Fluor to secure and execute SMR EPC projects on a global basis, and intends to seek opportunities in integrating SMRs with renewable energy, as well as with hydrogen production and seawater desalination, JGC said.