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Ethiopia turns to PPPs for ambitious power expansion
Ethiopia’s plans to attract more foreign capital into its power industry took a step forward in late October as the government announced 14 projects that it wants to build and run as public-private partnerships (PPPs). The plan to attract private finance for the planned hydropower and solar schemes is a departure for a government that has borrowed heavily over the last decade from Chinese banks and elsewhere to construct large-scale dams such as Gibe III and the Grand Ethiopian Renaissance Dam (Gerd), as well as for major transmission projects.
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