Over two dozen representatives of big French companies, who came to Ethiopia along with President Emmanuel Macron, are keen in exploring opportunities in the renewable energy sector. Over two dozen representatives of big French companies, who came to Ethiopia along with President Emmanuel Macron, are keen in exploring opportunities in the renewable energy sector. The team have met with President Sahle-Work Zewde of Ethiopia and discussed about investment opportunities. The Ethiopian Investment Agency has also briefed the 26 members’ French business delegation about the potential investment areas Ethiopia offers to foreign investors with incentives. During his meeting with Prime Minister Abiy Ahmed of Ethiopia earlier this week, President Macron indicated that the French development agency has allocated half a billion euros for geothermal energy development in Ethiopia.

Source: News Business Ethiopia March 16, 2019 08:15 UTC