Ethiopian Electric Power and United States Trade Development Agency (USTDA) on Friday signed a Memorandum of Understanding (MoU) to bolster the East African nation’s energy sector.The MoU helps Ethiopia to get standardized electric materials, supplies and equipment from the international market, Azeb Mesfin, CEO of the Ethiopian Electric Power said.
USTDA has pledged over $400,000 to improve electric equipment access and other supports, she said.
The procurement agreement helps to organize international bid proposal to get quality electric supplies and equipment, Azeb added.
Acting regional director in sub-Saharan countries Lida Fitts said the procurement agreement will enable Ethiopia to buy materials with global standard procurement system.
“The value based procurement agreement has more value to Ethiopia to avoid expensive and extra price value electric and related supplies materials,� Fitts added
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