M a r k e t N e w s

East Africa: Djibouti, Ethiopia to Launch Second Power Link

Posted on : Wednesday , 21st July 2021

Djibouti and Ethiopia have secured finance to build a second electricity transmission line after the two neighbours enjoyed the returns from the first project that linked their power grids.

 

The first project has enabled Djibouti to import Ethiopia's hydropower-processed, renewable and cheap electricity.

 

After, the two countries agreed to further develop the project, the African Development Bank (AfDB) has now approved two grant loans worth $83.6 million which enables Ethiopia and Djibouti to proceed with the construction of their second power transmission line which will eventually boost their energy trade.

 

According to a statement the bank issued last week, the Board of Directors of the African Development Bank Group approved the funds in a bid to boost cross-border trade in electricity between Ethiopia and Djibouti.

 

The grants also intend to deepen economic integration in the Horn of Africa's region.

 

The funds comprise a $69.65 million grant to Ethiopia and a second grant of $13.93 million to Djibouti and were sourced from the African Development Fund, the African Development Bank's concessional financing window.

 

The EastAfrican has learned that the latest loans which are granted based on a long-term loan framework, will be used for the second Ethio-Djibouti power transmission line project.

 

The Ethiopia-Djibouti Second Power Interconnection project, according to the bank, will entail the construction of nearly 300 km of interconnector line, 170 km of transmission lines, and new construction or renovation of substations in the two countries.

 

"The first interconnection line is reaching its power transfer capacity limit due to several developments in both countries, such as the industrial development in the eastern part of Ethiopia, the railway line from Djibouti to Ethiopia (powered by electricity), and the port expansion in Djibouti "said Batchi Baldeh, the Bank's Director of Power Systems Development.

 

"The two countries have thus decided to develop the second power interconnection line to maintain energy security and reliability for Djibouti" Mr Baldeh added.

Source : www.allafrica.com
Featured Companies
  • dubaiexporters.com

Complete List  

Advertisers in previous issue:

  • At A J Charnaud & Co (Pty) Ltd we are committed to the safety & satisfaction of our customers
  • We offers high quality, Competitive price and satisfied service always
  • Pumps for dewatering, ground water control, sludge and slurry handling.
  • Dedicated to the Engineering Manufacturing Sector in India
  • KJV is a professionally managed group in distribution & transmission sector involved in executing contracts
  • Ravi Enterprise is a professionally managed organization, established as a reliable source of industrial heaters.
  •  Triveni Turbine Ltd. is a leading industrial steam turbine manufacturer, with a dominant market share of 58% in India.
  • YorPower Kenya was established in 2002. From our headquarters in Nairobi we sell Diesel Generators manufactured by our parent company,
  • Leading manufactures and expoters of the electronic products
  • Manufacturer of extrusion lines,extruders and down stream equipment.
  • Speco Ltd. is the leading manufacturer & supplier of Asphalt Mixing Plant, Concrete Batching Plant, Crushing Plant & Optimized Integrated Flue Gas Treatment System.
  • Manufacturer refrigerated-type air dryer, desiccant air dryer and compressed air in-line filter.
  • Kenya Engineer is a Journal of the Institution of the Engineers of Kenya
  • Producing numerous types of welding consumables and welding machines for both the domestic and international market
  • Bakery Equipment, Flour Mill, Bread Improver, Dried Fruit Processing machine
  • Anya energy limited is accredited with ISO 9001 certification for Quality Management System and our products are recognized and certified by Bureau of Indian Standards
  •  ABL Machine Tools, One of the group companies of ABL India is India
  •  Magazine for Africa
  • Catering for the most varied industrial storage requirements.
  • Hevt Duty Machinery
  •  Ratan Projects & Engineering Co. Pvt. Ltd. is the flagship company of the Ratan
  • Manufacturer & Trader of coil winding machines, toroidal coil winding machines, wire bunching machines, complete winding solution
  • All type conveyor belts for internal & external location tapis roulant de tout genre pous deplacement a l
  • Industrial  machinery
Afrotrade International Marketing, Tel: +971-50-6285684
© 1998-2026 Afrotrade