An Extraordinary Journey
By Zemedeneh Negatu – Ernst & Young Ltd. On his recent trip to Africa in early July, US President Barack Obama announced his $7bn Power Africa initiative focused on just six countries the US believes have the greatest potential to succeed…
Ethiopia – Kenya High Voltage Power Transmission Lines to Start in September 2013
By Macharia Kamau Kenya-Ethiopia Electricity Line Gets $338 Million USD Boost The construction of a high voltage electricity line running between Ethiopia and Kenya can now begin after the African Development Bank (AfDB) agreed to fund the project to the…
Nigeria Approves $3.7 Billion To Boost Power Transmission; Sets up $1B Naira Bond for Diaspora
Nigeria has set up a 1 Billion Naira Diaspora Bond – Africans are taking Ethiopia’s blue print for development! VENTURES AFRICA – May 6, 2013 — The Nigerian Government has approved $3.7 billion to increase power transmission to 20,000 megawatts…
Ethiopian Electric Power Corporation (EEPCo) Starts Exporting Power to Sudan
By Kaleyesus Bekele Dec. 09, 2012 Leaders to inaugurate power transmission line The Ethiopian Electric Power Corporation (EEPCo) last month started a test export of electric power to the Republic of Sudan. Mihret Debebe, EEPCo’s CEO, told reporters that the…
Ethiopia Deal Signals Cheaper Power in Kenya
NAIROBI, Kenya, Dec 5 – Lower energy costs are on the horizon for Kenyan consumers, after the government secured a Sh37.5 billion ($441 million) credit agreement to import cheaper electricity from Ethiopia. Once the 1,045 kilometre transmission power line between…
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