Two Chinese companies have concluded a deal with Ethiopian government to invest a total of $2 billion to process Ethiopia’s bamboo and produce paper products for both local and export market.
A Kenyan and two Chinese companies have secured a geothermal power project in Ethiopia after the government re-launches the Aluto Langano geothermal project.
Ethiopian Electric Power (EEP) on Monday has signed two energy deals with Chinese companies – a $113 million contract with Voith Haydo Shanghai and a $40.1 million contract with CGGC.