The African Development Bank-managed Sustainable Energy Fund for Africa (Sefa) on 17 May approved a $995,000 grant to support implementation of a procurement framework for hydropower independent power producers in Ethiopia. The grant will strengthen the government’s capacity to carry out feasibility studies for priority hydropower projects, including financial and technical analysis, environmental and social impact assessments, resettlement action plans, and the preparation of bidding documents.
“A well-structured procurement framework is crucial to mobilising the investments necessary to achieve universal energy access in Africa”, AfDB vice president for power, energy, climate change and green growth Wale Shonibare said. “The Sefa programme will boost private IPP participation and spur investments into the Ethiopian hydropower sector”.
The grant is part of the Ethiopia Renewable Energy Programme. The AfDB is already funding the Institutional IPP/Public-Private Partnership Support Project. Ethiopia is targeting universal access to electricity by 2025, with 65% of access on-grid and 35% off-grid, and aims to be a regional energy hub by 2030.
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