Ethiopia’s Aysha Wind Farm Nears Financial Close With AfDB Support
The African Development Bank has approved $110 million in financing for Ethiopia's 300-MW Aysha wind farm project. The initiative aims to diversify the country's energy mix and reduce its heavy reliance on hydropower.
email facebook linkedin twitter Whatsapp The AfDB approved $110 million for Ethiopia’s 300-MW Aysha wind farm The bank plans to mobilize another $381.1 million for the project Aysha will help reduce Ethiopia’s heavy reliance on hydropower Ethiopia’s first wind farm developed by an independent power producer has reached a new milestone with support from the African Development Bank (AfDB). On July 15, the bank’s board approved up to $110 million in financing for the 300-MW Aysha wind farm, moving the project closer to financial close.
Get the full story
Sign up for Headlinne to unlock AI insights, political bias analysis, and your personalized news feed.
Create free accountAlready have an account? Sign in