Ethiopia Eyes $100m to Develop Off-Grid Electricity Provision

Ethiopia will receive 100 million dollars through a financing facility from the African Development Bank to develop off-grid electricity, a plan designed to reach over five million households by 2025.

This is a fraction of the 35 million Ethiopians believed to be unserved by the current national electricity grid.

A letter of intent was signed with the Bank today on the side of the first African Investment Forum ongoing in Johannesburg, South Africa today.

President Sahle-worq Zewdie witnessed the signing between Bekele Seleshi, minister of Water, Irrigation and Electricity, and the AfDB’s Vice President Amadou Hott inside Sandton Convention Centre.

Published on Nov 08,2018 [ Vol 19 ,No 967]



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