Photo: FBCAddis Abeba – The Board of Directors of the African Development Bank Group has granted approval for a $104 million funding package to support a transmission project in eastern Ethiopia. The project aims to transform the region’s power supply infrastructure and enhance the efficiency of the power distribution network. In addition to the power transmission project, a new initiative will lend support to the government’s agricultural irrigation program in the eastern part of the country, focusing on 462,174 hectares of land. This funding announcement came a month after the African Development Bank Group granted a total of $84.3 million to Ethiopia for its wheat production initiative. Ethiopia aims to achieve self-sufficiency in wheat production and become a net exporter by 2025/26, with a target of producing an additional 4.2 million metric tons of irrigated wheat.

Source: Ethiopian News September 14, 2023 15:49 UTC