AfDB Approves US $348 Million in Funding for Kenya-Ethiopia Electricity Highway
21 septembre 2012
The Board of the African Development Fund approved on Thursday, September 20, US $348 million in funding for a US $1.26-billion electricity highway project between Kenya and Ethiopia.
Due for commissioning in November 2017, the project involves the construction of a 1,068-kilometre high-voltage direct current 500 kV transmission line between the two countries. It also includes putting up of associated converter stations at Wolayta-Sodo (Ethiopia) and Suswa (Kenya), with a power transfer capacity of up to 2,000 MW.
The project is intended to promote power trade and regional integration, contribute to the Eastern Africa Power Pool (EAPP) countries’ social and economic development, and reduce poverty in those countries.