- The Ethiopian government has officially extended an offer to at least 12 global companies to submit financial and technical proposals for energy and transportation infrastructure projects.
- The projects screened offer high potential in the sectors of hydropower, roads, rail and renewable energy.
Ethiopia’s Minister of Finance (MoF), Ahmed Shidie, announced in parliament this week that a feasibility study is being undertaken to implement the public-private partnership framework to allow the private sector to step in selected energy and transportation projects.
The government recognises the potential of public-private partnerships (PPP) in offering a sustainable route to providing much-needed additional infrastructure and improvements to service delivery for its population of 94 million.
The board of Public Private Partnerships (PPP) is currently undertaking evaluation of projects which includes six solar projects and three hydroelectric projects. The six solar projects total 750MW. Read more
Apart from very good solar and wind potential, Ethiopia’s has the best hydropower potential in Africa after the Democratic Republic of Congo. Around 30,000MW is estimated to be economically practical which is equivalent to an electricity generation of 162 TWh, however drought remains a threat to consistent energy production from this source. Read more
Author: GBA News Desk