Ethiopia Expects to Sign Major Power Project Deal with China During BRF

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Ethiopia Expects to Sign Major Power Project Deal with China During BRF
Ethiopia Expects to Sign Major Power Project Deal with China During BRF

The Ethiopian government on Tuesday revealed that it expects to sign a major energy development accord with China during the upcoming second Belt and Road Forum for International Cooperation, slated to be held later this month in Beijing, China. The agreement, which is scheduled to be signed as part of the Ethiopian Prime Minister Abiy Ahmed’s visit to China to attend the forum, is said to include an electric transmission and substation project, Ethiopia’s State Minister of Finance, Teshome Taffese, told reporters on Tuesday. According to Taffese, the electric transmission and substation project, which is part of the Ethiopian government’s major development aspiration, will be implemented in a public-private partnership modality with a Chinese firm. The state minister of finance, who noted that the East African country is currently endeavoring to become a middle-income country within the next decade, said that Ethiopia had established a public-private partnership office in a bid to facilitate the cooperation between the public and private sectors.

CENTER FOR AFRICAN STUDIES

Center for Africa Studies (AFRAM) which located in Ankara, is an organization facilitating under the administration of African Affairs Council (AFAC). It makes various researches about Africa to enhance economic and cultural bounds between Africa and Turkey. AFRAM’s publishings has been shared with different institutions as they require to obtain.

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