(New telegraph online/Dayo Ayeyemi, 13 April 2018)
In a bid to improve renewable energy use in Nigeria and 10 other countries within the continent, the African Development Bank (AfDB) has planned to spend $12bn for its development. The other countries include Burkina Faso, Djibouti, Eritrea, Ethiopia, Mali, Mauritania, Niger, Senegal, Sudan and Chad.
The launch of the project is expected to take place in Senegal following its experience in solar energy production like the Tobène Power plant with 105MW and those of Bokhol and Malicounda. The objective of the scheme is to provide power for household use, Small and Medium size Enterprises, pumping water for livestock farming, irrigation and agricultural production zones.
Prime Minister Hailemariam Dessalegn held discussion with Chang Tat Joel, Chairman of Lucky Chain Limited Company today.
Lucky Chain Limited is a huge company established with the vision of having a big market share in energy development in Africa.
Chairman Chang Tat Joel said Ethiopia is among the leading market destinations in the continent for the company.