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The development of hydropower resources in Ethiopia, including the Mandaya and Bako-Ambo multipurpose projects, will be funded by a $40M agreement signed with the government of Norway.
Approximately $35M of the agreed grants will be used to fund feasibility studies of the Mandayo and Bako-Ambo schemes, which are planned for the Ethiopian regional state of Oromia.
The remaining funds will be used on a collaboration project between Hawassa and Mekelle Universities and the Norweigian University of Life Sciences to study ways to improve the livelihoods of rural communities in the arid highlands of Ethiopia.
News date: 01/12/2009