The government of Ethiopia and France on Thursday signed two loan agreements amounting to 70 million Euros to support construction of high-voltage transmission lines and sanitary landfill, Ethiopian News Agency reported.

The 50 million Euro loan will be used to finance the implementation of reinforcing power transmission networks, which includes the erection of 62km of 400kv transmission lines and the construction of new substations at Debreb Zeit, Dukem, Modjo and Ginchi.

The 20 million Euros assistance will be used to support the Addis Ababa City Administration waste management program. The fund will finance construction of a new sanitary landfill including access road, as well as infrastructure and facilities. Finance and Economic Development Minister, Sufiann Ahmed and French Trade Minister of Foreign Trade, Nicole Bricq signed the agreement.

Source: Ethiopia News Agency