Djibouti
Finance and Policy
EIB approves $95 million for geothermal power in East Africa
The European Investment Bank (EIB) has approved $4.9 billion financing for renewable energy, clean transport, COVID-19 recovery, social housing and education. Of this amount, $95 million will be allocated to the East Africa Rift Geothermal Project.
Generation
KenGen wins contract to drill three geothermal wells in Djibouti
KenGen has signed a $6m contract with Djiboutian Office of Geothermal Energy Development to drill three geothermal wells in the country.
Business and markets
Djibouti pursues its ambitious growth projects in 2021
According to the World Bank's Global Economic Prospects report, Djibouti is expected to experience the strongest GDP growth in Africa this year with a projected rate of 7.1%.
Solar
Djibouti government approves Engie’s Grand Bara solar project
The Djiboutian government has approved and validated the Grand Bara solar photovoltaic power project in the Council of Ministers meeting held 18 May 2020.
Generation
Djibouti: Geothermal project to boost green energy production capacity
Additional funding of $3.22m for the geothermal exploitation project in the Lake Assal region of Djibouti, will increase the country's green energy production capacity.
Renewable energy
MIGA supports Djibouti’s first utility-scale wind project
MIGA has issued guarantees to support the design, development, construction, operation, and maintenance of Djibouti’s first utility-scale wind project.
Generation
Siemens Gamesa lands contract to build Djibouti’s first wind farm
Siemens Gamesa has sealed a contract to build the first wind farm in the Republic of Djibouti, with a total capacity of 59MW.
Finance and Policy
Djibouti secures first renewables project: 60MW wind farm
Landmark investment secured for the construction and operation of a 60MW wind farm in the Ghoubet area, near Lake Assal in Djibouti.
News
Pipeline to export Ethiopian gas to Red Sea state
Ethiopia and Djibouti have signed a deal to build a pipeline to transport Ethiopian gas to an export terminal in the Red Sea state.
Business and markets
Toshiba to assist Malawi in developing geothermal power
Japanese multinational conglomerate Toshiba and Malawi’s Ministry of Natural Resources, Energy and Mining (MNREM) have concluded a memorandum of understanding (MoU) for the development...
