Posted on :Thursday , 25th July 2019
Trade and Development Bank (TDB), a bank located in Bujumbura, Burundi, aims to invest in renewable energy projects in East Africa. The bank already has a focus on geothermal energy in countries such as Kenya and Ethiopia.
Posted on :Monday , 10th June 2019
The UK government’s foreign investment tool, CDC Group, said it would provide more than $300m in a new business to expand electricity networks in Africa, which is one of the biggest hitches to economic development in the world’s indigent continent.
Posted on :Friday , 10th May 2019
Euro Cable Private Limited Company, a joint venture between Ethiopian and Turkish, opens a new factory which is set to triple its existing electric cable production capacity.
Posted on :Friday , 3rd May 2019
Developing economies everywhere Africa measure during a distinctive position to leapfrog a lot of developed nations by finance in cleaner, environmentally friendlier sources of power at a lower price - main factors conducive to improved use of renewable energy power across the continent.
Posted on :Friday , 26th April 2019
China is all set to pump out a gigantic USD 1.8 billion in the transmission and distribution lines of electricity in Ethiopia.
The investment of USD 1.8 billion will be made by the Chinese State Grid Corporation. Ethiopia's prime minister, Abiy Ahmed met with the officials of China Export and Credit Insurance Corporation, commonly known as Sinosure, during a recent visit to China's capi. . .