Archive for November, 2011

Ethiopian Electric Power to Build Six Wind Power, One Geothermal Plants

(HornTrade) – The Ethiopian Electric Power Corporation (EEPCO) plans to construct six wind power projects and one Geo Thermal Power Plant, according to Capital. The new projects will have a capacity of 1,015 Mega Watts (MW) power.

The project includes the 300 MW Ayisha Wind Farm located in the Eastern part of the country, near the border with Djibouti, the 100 MW Debre Birhan Wind Farm situated about 120 kms north of Addis Ababa, the 100 MW Assela Wind Power  Project,  125 km South East of Addis, and the 153 MW Adama II Wind Power Project. Read the rest of this entry »

Djibouti: Total convicted to pay 204 million euros

(HornTrade) – The oil company Total was sentenced to 200 million euros in damages and four million euro fine by a court of Djibouti in a matter of oil pollution of the harbor. Another company was also convicted, it is Oil Libya.

Oil leaks are discovered in 1997 during expansion of the port of Djibouti. These leaks come from an old network of pipelines that date from the 1940s.
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Djibouti Telecom’s big dream for African telecommunications

(HornTrade) – Although Djibouti Telecom hails from one of the smallest nations in Africa, the company has big plans to increase their customer base, by rolling out plans to become the gateway to Europe. They are currently the only telecommunications provider in Djibouti, but have a lot more to offer their surrounding neighbours.

Djibouti Telecom has big plans for the future of East Africa’s telecommuncations. Read the rest of this entry »

Ethiopia, Kenya sign $743 million road corridor project

(HornTrade) – Ethiopia and Kenya have signed a $743 million deal to construct a road network connecting the two neighboring countries.

The Addis Ababa-Nairobi-Mombasa road project, which is an important part of the Trans-African Highway corridor will further interconnect the two east African countries with the rest of eastern and southern Africa.

The road project covers over 880 kilometers and is expected to be completed in three years. It will be financed by a loan grant Read the rest of this entry »