Ethiopia and Kenya have reached a new agreement in a bid to further accelerate the purchase of hydro-processed clean power from Addis Ababa.
The arrangement was reached after an Ethiopian delegation, led by Ethiopia’s State Minister of Finance Eyob Tekalign, visited Nairobi last week.
Both nations deliberated on previous Power Trade Agreements, finalisation and operationalisation guidelines and procedures, as well as interconnection agreements in light of progress made on each side.
According to the Ethiopian Ministry of Foreign Affairs, the new deal made in Nairobi intends to “realise the aspirations of both countries’ respective people for regional economic integration and sustainable development.”
In a February 4 meeting with Kenya’s Cabinet Secretary for Energy, Monica Juma, Tekalign said the close relationship between Kenya and Ethiopia would help spur economic growth.
He said the two countries are nearing the conclusion of the interconnector, and they need to review the status of the project.
He added that it was crucial to ensure that Ethiopia and Kenya harmonise the details in order to fulfil the dreams and aspirations of both countries and East Africa in general.