Whilst Ethiopia is becoming one of Africa’s fastest-growing economies, the Ethiopian government makes the delivery of infrastructural services, such as transport and energy, a focus of its development plan. Construction sectors, including cement and steel, are amongst others beneficiaries of this infrastructure expansion. Transportation and logistics are put forward by the government’s focus on transport, especially the rail corridor between Addis Ababa and the Port of Djibouti. Addis Ababa was recently included in a list of so-called ‘next 10′ cities in sub-Saharan Africa that are expected to see faster economic growth than any other region by 2040. At the heart of the State’s “Growth and Transformation Plan” are railway, road and dam projects to give the landlocked nation cheap power and reliable transport, as well as the metro line – the first urban light railway network in Sub-Saharan Africa and one of a series of grand state infrastructure projects that Ethiopia hopes will help the country’s industrial rise.
On the other hand and in order to meet the massive demand for power generation, the Ethiopian government is attracting know how from international consulting firms and developers, along with financiers seeking new investment opportunities within the region. Showcasing power projects, new energy infrastructure developments and partnership opportunities will be at centre focus. The Summit will be attended by several representatives of the Minister of Water, Energy & Irrigation, the utility and regulator and numerous prospective investors from the private sector.
Interested in more opportunities for investment in Ethiopia’s infrastructure and new energy developments? Register today and get the chance to meet under one roof with government officials, private equity and debt investors, venture capitalists, institutional investors and fund managers, key players in all infrastructure sectors, energy operators, power developers and other services providers along with development and other multilateral/bilateral agencies.