Kenyan, Chinese companies secure Ethiopia’s geothermal deal
A Kenyan and two Chinese companies have secured a geothermal power project in Ethiopia after the government re-launches…
Covering Business & Economy Since 2009
A Kenyan and two Chinese companies have secured a geothermal power project in Ethiopia after the government re-launches…
Ethiopia Electric Utility (EEU) collects 3.2 billion birr (about $114 million) bill from its customers during the first…
Ethiopian Electric Power (EEP) on Monday has signed two energy deals with Chinese companies – a $113 million…
The Board of Directors of the African Development Bank (AfDB) Group has approved an equity investment of up…
Ethiopian Electric Utility (EEU), the state owned electric power distribution agency of Ethiopia, is set to launch a…
The Ministry of Finance of Ethiopia is set to launch an international bid for the construction of six…
The Ethiopian Government expressed its plan to sell electric power to Gulf Countries by signing and agreement to…
The African Development Bank Group (AfDB) has approved a $32.5 million equity investment, which will be directed towards…
Four years after the construction of Ethiopia’s 4.1 billion birr (around $150 million) Melka Sedi thermal power generation…
The Ethiopian Electric Power (EEP), the state agency in charge of building power projects and generating energy, is…
By Andualem Sisay Gessesse – From wind to solar ad hydropower, the government of Ethiopia is currently undertaking…
By Oliver Waissbein – In 2011 Rwanda was literally in the dark– 89 percent of the country, about…
GE Financial Service, GE Renewable Energy are set to deliver 100MW wind power project in Kenya. The Kipeto…
The African Development Bank Group has approved a $18.17 million senior loan to the 40 MWac (50MWp) Kopere…
The African Development Bank has launched the Africa Energy Portal (AEP) at the Africa Investment Forum in Johannesburg,…
Ethiopia launches $7 billion public private partnership (PPP) projects that focus on new road construction and energy development,…
New technology and blended finance will help to bridge the “last mile” of the infrastructure gap by getting…
The Minister of Energy in charge of Natural Resources of the Republic of Djibouti is set to organize…
The African Development Bank has created and refined a new tool to diagnose fragility in countries, taking into…
A three-day meeting opens in Addis Ababa, Ethiopia, discusses mainstreaming and implementing the water-energy nexus for sustainable development…
The Life After Coal Campaign and Greenpeace Africa argue that the inclusion of an additional 1000 MW of…
The United States Trade and Development Agency awarded a grant to TM Geothermal Operations Private Limited Company (TMGO),…
Phanes Group, an international end-to-end solar provider headquartered in Dubai, UAE, has announced the 2nd edition of its…
The International Fiance Corporation (IFC), a member of the World Bank Group, has forged a new partnership with…
Uganda becomes the first African country to sign an agreement with the Regional Liquidity Support Facility (RLSF), which…
A consortium of development finance institutions and commercial lenders today announced completion of the refinancing of more than…
The Board of Directors of the African Development Bank has approved US$50 million framework financing for small-scale renewable…
Experts from Ethiopia, Egypt, Nigeria, Zambia and Côte d’Ivoire along with public, private and civil society representatives discuss…
The Turkish giant, Turkish Industry Holding is set to invest 750 million Euros in power generating sector in…
General Electric (GE) of the United States, the world’s premier digital industrial company, has commissioned a scalable micro…