(Addisfortune, January 2018)
Danida Business Finance (DBF) of the government of Denmark, for the first time ever, committed close to 200 million dollars for Asella Wind Farm which will generate 100MW of electricity. DBF has already approved the loan request made by the Ministry of Finance & Economic Cooperation (MoFEC), and the two countries are in the process of signing an agreement, according to Bezuneh Tolcha, public relations director at the Ministry of Water, Irrigation & Electricity (MoWIE).
(EBC; January 5, 2018)
GIGAWATT GLOBAL, an Israeli company said it will invest 500 million USD in Ethiopia in renewable energy and human resource development. Josef I. Abramowitz, CEO of the company announced the plan following discussions with Prime Minister Hailemariam Desalegn alongside with the Israeli companies.