Monday, 27 March 2017

Turkish firm announces $1.5bn investment plan in Ethiopia-ENa, APAnews

Turkey’s Reyrich Plastic Company on Friday announced plans to launch a solar energy project in Ethiopia with an outlay of $1.5 billion. The project is very promising and will generate 600 MW power,” Alayyoub told journalists after the talks

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Saturday, 25 March 2017

Off-Grid Solar Lighting Up Ethiopia-WB

For the millions of people living in remote rural areas of Ethiopia who lack access to the power grid or cannot afford electricity, solar energy represents an important first step on the energy access ladder. Instead of relying on kerosene, candles, dry cell batteries and other fossil fuel-based sources of power, they can now turn to off-grid solar to light up their homes, watch television and charge mobile phones, thanks to an initiative of the Government of Ethiopia supported by the World Bank.

Thursday, 16 March 2017

“Lights, Power, Action”: AfDB’s Adesina and Kofi Annan urge governments to close Africa’s energy deficit-AfDB

The Chair of the Africa Progress Panel and former UN Secretary-General, Kofi Annan, and the President of the African Development Bank, Akinwumi Adesina, have called on African governments and their partners to do everything possible to close the continent’s huge energy gap.

New Terms for Solar Device Importers-Addisfortune

The Development Bank of Ethiopia (DBE) is revising terms that private solar device providers need to comply to access 20 million dollars loan secured from the World Bank. The policy bank, got the working capital loan nine months ago with the aim of providing alternative sources of power to those who have no access to electricity.

VIDEO: 50MW Waste to Energy Plant Part of Sustainable Development Plans in Ethiopia-WMW

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Sunday, 5 March 2017

Fastest-Growing African Economy Has Banks Lining Up to Enter-bloomberg

Lenders are lining up to set up businesses in Ethiopia, one of Africa’s fastest-growing and most under-banked economies. Now they need the government to let them open their doors.