n Africa Conflict Monthly Monitor - The next resource boom in Africa, courtesy of the Cold War - : Africa-wide - investing in conflict zones

Volume 2013, Issue 11
  • ISSN :


The Soviet Union's influence in Africa may finally come to an end in 2013. By the end of the year, a post-Cold War project to convert Soviet stockpiles of nuclear weapons into uranium for American nuclear power-plants will expire. Moreover, many analysts are expecting market prices of mined uranium to rise over the coming few years as China, Japan and other leading economies reinvigorate global demand for uranium ore. The resulting increase in market demand for new uranium supplies is likely to fall to a handful of African countries, Namibia and Niger in particular, and may further produce a mini-boom in new exploration in several more countries across the continent.

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