The Reporter Magazine·2 min read·medium

AfDB Approves USD 110 Million for Ethiopia’s Aysha Wind Power Project

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The Reporter Magazine
AfDB Approves USD 110 Million for Ethiopia’s Aysha Wind Power Project
AI Summary

The African Development Bank has approved $110 million in financing for the 300-megawatt Aysha Wind Project in Ethiopia. The project aims to diversify Ethiopia's energy grid, which is currently heavily dependent on hydropower.

The African Development Bank (AfDB) Group has approved a financing package of up to USD 110 million for the development of the 300-megawatt Aysha Wind Project in Ethiopia.

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