AN investment of US$1,55 million is set to accelerate the development of Ethiopia’s largest independent power project. The United States (US) International Development Finance Corporation (DFC) has committed technical development to that value for the 50-megawatt (MW) Tulu Moye geothermal power plant. It is a major boost for Ethiopia, a […]

Despite rapid economic growth, Ethiopia is still one of the world’s poorest and most drought-wracked countries. Roughly a quarter of Ethiopians lived in poverty [PDF] in 2016, according to UN estimates, though this is down from 45 percent of the population fifteen years earlier. Drought is common, particularly in the […]