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Ethiopia’s Largest Hydro Plant To Produce Electricity In 2015

AFRICANGLOBE - Ethiopia’s government plans to start generating electricity from its largest hydropower plant, Gibe III, in the second half of the year if annual rains sufficiently fill its reservoir, Water and Energy Minister Alemayehu Tegenu said.

Ethiopia Sees Output At Africa’s Biggest Hydropower Plant By 2015

AFRICANGLOBE - The sale of 7.1 billion birr ($367 million) of bonds over the past three years to domestic investors, has contributed to the...

Ethiopia Secures Funding for $1 Billion Hydropower Line

AFRICANGLOBE - Ethiopia will receive funds from China for a transmission line valued at $1 billion that will bring electricity from a hydropower plant to the capital, Addis Ababa according to a government official.

China Grants $500 Million Loan to Ivory Coast for Hydropower Plant

AFRICANGLOBE - The government of the Ivory Coast has concluded a 20 year $500 million loan deal with China’s Export-Import Bank (Exim), to fund the construction of a new 275 megawatt(MW) hydropower station, which is the biggest deal between the two countries in over three decades.

Congo’s $9 Billion Hydropower Plant to Supply Power to Southern Africa

The Democratic Republic of the Congo (DRC) has revised plans to build the Inga III hydropower plant, in order to account for the provision of...