AfDB Renews Commitment to Support Ethiopia’s Energy SectorSeptember 13, 2017 - The African Development Bank (AfDB) disclosed that it would renew efforts to support Ethiopia’s the energy sector, as the nation better performs in the sector. We think we will prepare to consider further request in Ethiopia’s energy sector.”Noting that the energy sector is one the priority agenda of the bank, the Executive Director said “we promote and support many project in the sector”. Speaking on Ethiopia’s efforts, Weggoro stated that the government is doing well in building a national power grid with its own capacity. The transmission lines include the 140 km Metu-Gambela, the 352 km Koka-Hurso, the 141km Alamata-Muhoni-Mekele, and the 315 km Alaba-Hossana-Wolkite-Gilgel Gibe I-Jima-Agaro-Bedele lines. Of the total 4.6 billion USD that the AfDB has extended to Ethiopia since 1975, about 900 million USD has gone to the energy sector.

Source: Ethiopian News September 13, 2017 23:15 UTC