Ethiopia and Tanzania Agree on Power Export Deal
Tanzania is set to sign electricity power export deal with Ethiopia making it the fourth African country purchasing electricity from the latter.
Ethiopia’s national power company (EEP) on Saturday announced that Tanzania has agreed to purchase 400 MW of Ethiopia’s hydro-power processed electricity.
EEP’s Chief Executive Officer, Azeb Asnake said the agreement between the two countries will be finalized in the coming weeks.
Azeb said the new power export deal will fosters economic integration and strengthens multilateral ties between the two countries.
The power transaction will create further economic integration between Tanzania and Kenya as the latter sits between Ethiopia and Tanzania, the CEO told the state run Ethiopian News Agency.
Bruce Fingerhood