Tag: PPP

The International Finance Corporation (IFC) – dubbed as the private sector arm of the World Bank Group –has brought together public and private entities to reinitiate the public private dialogue forum.

The newly formed Public Private Partnership (PPP) Board has approved six solar energy projects at a cost of USD 798 million with capacitytogenerate some 750 megawatt of electricity. 

The Ministry of Finance (MoF) has initiated six solar power projects with aggregated generating capacity of 798 megawatt (MW) electric power that will require an investment of USD 795 million.

Following it landmark decision to continue its long-severed budgetary support for the Government of Ethiopia (GoE) in tune of USD 1.2 billion, the World Bank Group (WBG) is very optimistic in what it called a “structural reform process” the administration of Prime Minister Abiy Ahmed (PhD) is embarking up on to the point where it is convinced that the intentions of the GoE with regards to some of the key service sectors like telecom and logistics is to implement a concrete liberalization and opening up measures.

The newly instituted Board of the Private and Public Partnership (PPP) has approved 17 major hydropower and highway projects, costing USD 6.5 billion for private sector involvement under the newly drafted PPP framework, The Reporter has learnt.