UK investor signs $400 million power deals on foreign minister's Ethiopia visit

UK investor signs $400 million power deals on foreign minister's Ethiopia visit

ADDIS ABABA, Feb 2 - Gridworks, a British government-owned investor in Africa's electricity networks, on Monday signed agreements to develop and invest in transmission projects worth around $400 million during a visit by Britain's foreign minister. Read more at straitstimes.com.

UK To Invest $400m In Ethiopia’s Power Sector

By Enyichukwu Enemanna British government-owned investor in Africa’s electricity networks, Gridworks, on Monday signed agreements to develop and invest in transmission projects worth $400 million. The agreements were signed during the visit of Britain’s Foreign Minister, Yvette Cooper to Ethiopia, which formed part of efforts by the UK government to use job creation initiatives to tackle rising numbers of migrants from the Horn of Africa seeking…