Ethiopia, Corbetti Geothermal Company Sign Power Purchase Agreement
Ethiopian Electric Power and the Corbetti Geothermal Company have concluded power purchase agreement on July 27, 2015, for the first 500 Megawatts, Ethiopian News Agency reported.
Ethiopia, Côte d’lvoire Sign MoU
Ethiopian Investment Commission and Center for the promotion of Investments in Côte d’lvoire (CEPICI) signed a Memorandum of Understanding (MoU) to strengthen commercial exchanges, implement joint investment projects and boost economic cooperation and the like, between the two countries.
Ethiopia, Danske Bank Sign €117.3 Mn Loan Agreement for Assela Wind Farm
The Ethiopian government signed a loan agreement of €117.3 million with Danske Bank A/S to finance the Assela Wind Farm project.
Ethiopia, DFID Signed MoU to support the CRGE Facility
The Ethiopia government and Department for International Development of the United Kingdom (DFID) signed Memorandum of Understanding to support the Climate Resilient Green Economy (CRGE) Facility on today.
Under the MoU, the DFID agreed to provide 15 million Pound grant by December 2015 to support the implementation of the Sector Reduction Mechanisms process, to generate and fund high quality strategic investment that respond to priorities of the government. The finance will be used to support the country's efforts to support the CRGE Facility, a national system set up to solicit finance from bilateral and multilateral as well as public funds.
Ethiopia, Djibouti Agree to Keep Logistics Undeterred while Preventing COVID-19
Ethiopia and Djibouti have agreed to keep logistics between them undeterred while combating COVID-19, the Ethiopian Ministry of Transport stated. The two countries reached the consensus after Awel Wegris, Ethiopia’s State Minister of Transport and his colleagues, and Djibouti’s government officials held an in-depth virtual meeting.
