Ethiopia Agrees on First Deal for Privately Produced Electricity

By William Davison Ethiopia’s government agreed to purchase power in an accord signed on Monday during President Barack Obama’s visit to the Horn of Africa nation. Ethiopia’s government agreed to purchase power in an accord signed on Monday during President Barack Obama’s visit to the Horn of Africa nation. Photographer Saul Loeb/AFP via Getty Images

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Ethiopia signs $120 million power line deal to boost exports

ADDIS ABABA, (Reuters) – Ethiopia has signed a $120 million-agreement with China Electric Power Equipment and Technology for the firm to construct a high-voltage transmission line connecting the country with Kenya, part of plans to boost regional power exports. Addis Ababa aims to become Africa’s top power exporter by tapping the numerous rivers that cascade

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