To commence the filling of water into the Great Ethiopian Reconnaissance Dam (GERD) in the coming July, the Government of Ethiopia said it is set to commence cutting trees and bushes found on 1,000 hectares of land.
The World Bank Group has approved $550 million grant and loan to Ethiopia. The funding approved last week aims to improve the livelihoods of pastoralists and the nation’s ongoing power sector reforms.
Ethiopia Electric Utility (EEU) collects 3.2 billion birr (about $114 million) bill from its customers during the first six months of Ethiopian calendar started July 8, 2018.
The Board of Directors of the African Development Bank (AfDB) Group has approved an equity investment of up to $25 million in ARCH Africa Renewable Power Fund (ARPF).
The Minister of Energy in charge of Natural Resources of the Republic of Djibouti is set to organize the first regional conference and exhibition next month.
Uganda becomes the first African country to sign an agreement with the Regional Liquidity Support Facility (RLSF), which will offer protection to new small and mid-sized renewable energy projects (up to 50 MW) in Sub-Sahara Africa.
