Business and investment in

Africa

Africa is the 2nd continent on Earth in area with a great amount of natural resources.  There are more than 50 countries with fast growing economies and 1.5 bln population here. Africa today offers big opportunities for business and investment.

Electricity production in Ethiopia has reached 10,000 MW

 

 

Speaking at the opening ceremony of the Assela wind farm, Ethiopian Prime Minister Abiy Ahmed said that the country's electricity production has grown from 4,000 to 10,000 MW in 6-7 years.

 

The construction cost of the Assela wind farm with a capacity of 100 MW was about 145 million euros, which were provided by the Danish government in the form of grants and a concessional loan. Investments in this project are expected to pay off within two years.

 

ENA