Thursday, 9 January 2014

Ethiopia liberalized the energy sector which has high potential.

Liberalization of the energy sector after waiting for a long time is a blessing for our nation. I believe, it will create a competitive energy service provision and will help diversify the energy supply especially if companies are pushed to invest on energy sources other than the hydro. The timing is so perfect if not deliberate to absorb/take advantage of America’s promise of funding through power Africa initiative. The energy agency established recently, unlike its predecessor, will necessarily, actively engage, to control and optimize the sector’s competitiveness.

For More Information:
http://www.theafricareport.com/East-Horn-Africa/ethiopia-opens-up-energy-sector-to-private-investors.html