Electricity

Ethiopia: AfDB allocates $98 mln to improvement of national power network

Monday, 27 November 2017 17:57

The African Development Bank (AfDB) has, via the African Development Fund, granted Ethiopia $97.79 million to rehabilitate its power network. The grant is broken into a loan of $83.64 million and a subsidy of $14.15 million.

The monies will be used to rehabilitate and improve Addis Ababa’s power transmission system. The project will involve 545km of average tension line, the replacement and installation of 582 distribution transformers, the construction of 14 primary sub-stations and the establishment of a system of data control, monitoring and acquisition. It also includes the improvement of 9 high tension sub-stations and the construction of a double circuit 132 kV overhead line of a length of 3.8km.

The implementation of this project will support the government’s efforts to lift all challenges that its power network faces. It also aligns with the New Deal on Energy for Africa, AfDB’s 10-year (2012-2022) strategy aiming to boost industrialization and improving populations’ living standards, by providing them a better access to power.

Gwladys Johnson

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

Benjamin FLAUX
bf@agenceecofin.com 
Téls: +41 22 301 96 11 
Mob: +41 78 699 13 72
Média kit : Download

EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.