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Ethiopia Signs US$4b Geothermal Deal

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AFRICANGLOBE - Ethiopia signed a US$4 billion deal Wednesday with American-Icelandic company Reykjavik Geothermal to develop a 1000-megawatt geothermal farm, officials said. When completed, the project to provide energy for both local consumption and export will be the largest source of foreign direct investment in Ethiopia.

Rwanda to Begin Geothermal Drilling

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AFRICANGLOBE - The Government of Rwanda has allocated $27 million (Rwf17.1bn) towards the drilling of three geothermal wells on the southern slopes of the Karisimbi volcano, an official from Energy, Water and Sanitation Authority (EWSA) has said.
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