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Ethiopia Eyes Extra 12,000 MW In Power Projects By 2020

AFRICANGLOBE - With one of the continent's fastest-growing economies, Ethiopia wants to become a manufacturing hub and Africa's top energy exporter by tapping the numerous rivers that cascade through its highlands. Experts say the Horn of Africa nation has the potential to generate 45,000 megawatts of hydropower.

Development Bank of Ethiopia Offers $20m To Fund Renewable Energy Projects

AFRICANGLOBE - The Development Bank of Ethiopia will offer up to $20 million to private companies in efforts to accelerate development of renewable energy and energy efficient products. The funds will be drawn from money granted to the country by the World Bank in May of last year, with a total of $ 40 million having been allotted to renewable energy development projects initiated in the private sector according to reports in local media.

South African Power Utility Gets $250 Million Loan for Wind, Solar...

South Africa signed a $250-million (183-million-euro) loan deal with the World Bank on Monday aimed at adding 200 Megawatts of solar and wind power to the coal-dependent country's grid.