The 32nd edition of the Confederation of African Football Cup of Nations 2019 kicks-off this Friday (June 21st ) with host nation Egypt facing Zimbabwe in Cairo. The tournament will be staged in the cities of Suez, Ismalia, Alexandria and three grounds in the capital Cairo with the final taking place on July 14 at the 75,000 capacity Cairo International Stadium.
President Sahle-Work Zewde opened the first ever Water and Energy Week in Ethiopia this morning. In her opening remark, the President emphasized the need to have Cultural
Revolution to deter problems related to hygiene and sanitation both in rural and urban areas.
To this effect, the president underlined the government’s efforts to increase the access to water and energy to foster the socio-economic development of the country.
Minister of Foreign Affairs, Gedu Andargachew held discussions with Egyptian Ambassador to Ethiopia, H.E. Ambassador Osama Abdel Khalek, on June 5.
Foreign Minister Gedu noted the historical relations between #Ethiopia and Egypt.
The Minister emphasized the need to strengthen the longstanding relationship in areas of trade, investment and tourism.
He also called on Egyptian companies to seize the lucrative investment opportunities in Ethiopia.
Egyptian Ambassador to Ethiopia, Ambassador Osama Abdel Khalek, on his part, said he would work to encourage Egyptian companies to invest in Ethiopia. (Ministry of Foreign Affairs)
(Forbes) — Iceland and Ethiopia have a lot in common. Volcanism, mountains and some of the highest ratios of renewable power in their generation mix.
Despite being among a handful of countries worldwide that already derive the most of their electricity from renewable resources, Ethiopia’s power sector is vulnerable. It relies very heavily on hydropower but allowing that status quo to persist is risky. Between the political threats, Egypt is very unhappy about further damming of the Nile, and the climate change threat, something needs to change.
The World Bank agrees it would seem and last week it took action with a $200 million package designed to encourage the development of 1GW of wind and solar projects in the country.
With 45GW of installed hydropower capacity, a slightly misleading figure as these are of course not 100% efficient nor are they ever all running at the same time. According to 2012 data from the UN, peak demand in the country was less than 1.3GW.
But that figure is climbing rapidly. Electricity consumption per head of population trebled between 2000 and 2014. As of 2012, only 23% of the country was actually connected to the grid so as that figure rises, demand will be supercharged.
Expected increased variability in rainfall and greater demand on freshwater resources puts extra strain on reservoirs.
The World Bank’s Renewable Energy Guarantees Program (REGREP) will help the authorities in Addis Ababa to reform their regulatory framework and gear it up for private investment and ownership. It is hoped the package could draw in $1.5 billion of funds from Independent Power Producers (IPP) who would look to build and potentially operate the new generators.
“REGREP comes at this critical juncture and signals the Government’s commitment to comprehensive power sector reforms and a private sector-led renewable energy development program that has the potential to be one of the largest in Sub-Saharan Africa,” said Rahul Kitchlu, senior energy specialist at the World Bank.
The private sector is being increasingly welcomed to the power sector in Africa. This week Botswana canceled plans for 100MW solar tender that it hoped to run as a joint venture with a partner. It will now be re-written launched again next month with no government ownership at all.
“With the support of the World Bank Group, this program will create a platform for much-needed private sector participation in the crucial energy sector by lowering the risks of investing in Ethiopia,” said Carolyn Turk, World Bank Country Director for Ethiopia, Sudan and South Sudan.
In addition to policy support and regulatory adjustments, the Bank will also use its resources to identify the best possible sites for wind power giving the country a head start in development and planning.