Parliament Approves $145.8 Mln World Bank Loan to Upgrade Addis Ababa Power Grid
According to Birr Metrics, Parliament Approves $145.8 Mln World Bank Loan to Upgrade Addis Ababa Power Grid Yared Seyoum October 13, 2026 Financing will support new substations, upgrades to existing facilities and underground transmission lines under the first phase of the power sector modernisation programme. Ethiopia’s parliament has approved a 145.8 million US dollar loan agreement with the World Bank’s International Development Association (IDA) to modernise Addis Ababa’s electricity transmission network, financing new substations, upgrades to existing infrastructure and the installation of underground power lines.
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Parliament Approves $145.8 Mln World Bank Loan to Upgrade Addis Ababa Power Grid Yared Seyoum October 13, 2026 Financing will support new substations, upgrades to existing facilities and underground transmission lines under the first phase of the power sector modernisation programme. Ethiopia’s parliament has approved a 145.8 million US dollar loan agreement with the World Bank’s International Development Association (IDA) to modernise Addis Ababa’s electricity transmission network, financing new substations, upgrades to existing infrastructure and the…
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