Ethiopia to host powering Africa summit

Addis Ababa is set to host powering Africa summit, the annual platform for European financiers and developers to connect with Ethiopia’s government and energy ministries, from November 21-22, 2014. 

The meeting welcomes the participation of international company representatives looking to harness the vast renewable energy resources and advance power generation in Ethiopia. Among them are the CEO of leading African Infrastructure firm Black Rhino, Brian Herlihy, will meet with international company representatives and Ethiopian government officials.

Brian Herlihy and his team will also shed light on their investment prospects in power generation projects and best practice on procurement delivery in the region. Herlihy will also speak about the company’s current involvement in Djibouti.

Black Rhino is comprised of finance and development experts including Managing Director Mimi Alemayehou, previously the Vice President of OPIC. Following the company’s recent merger with global asset management firm Blackstone, which looks at long-term investments in Sub-Saharan Africa, the Blackstone-Black Rhino partnership is setting out to undertake transformational projects in Africa’s power and infrastructure sectors necessary to maintain significant economic growth.

Black Rhino are amongst the industry leaders joining global players such as USAID, Reykjavic Geothermal, OPIC, Development Bank of Southern Africa and Goldwind International Holdings alongside H.E. Alemayehu Tegenu, Minister of Water Irrigation & Energy, H.E. Dawano Kedir, State Minister of Foreign Affairs, Ethiopian Utility, investors and financiers bringing capacity building in the region’s renewable energy sector.

The meeting is the annual platform for European financiers and developers to connect with Ethiopia’s government and energy ministries to build capacity in the region’s renewable energy sector.

Source: newbusinessethiopia.com