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Spotlight | Ethiopia
How Meridiam's $2bn geothermal project ran out of steam

Work on the vast scheme in the Oromia region has been at a standstill for almost a year and is now set to be abandoned for good. Africa Intelligence dissects a far from isolated case of project failure as attacks in the region call into question the government's security strategy there. [...]

Published on 06.06.2024 at 04:40 GMT Reading time 4 minutes Constance Daire, Antoine Galindo

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Infrastructure, Energy

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Ethiopia
Abiy Ahmed
Covid-19
Ethiopian Electric Power
Ethiopian National Defense Forces
KenGen
Marriott Drilling
Meridiam
Multilateral Investment Guarantee Agency
Oromo Liberation Army
Reykjavik Geothermal
Siemens Gamesa
Tigray People's Liberation Front
Tulu Moye Geothermal Operations
Tulu Moye SAS
World Bank
Yapi Merkezi

Ethiopia
China's Jiangsu Etern Co bags $34m state contract

JEC is to help electrify zones in the south and east of Addis Ababa.

Subscribers only Infrastructure, Energy 13.06.2024

Spotlight | Ethiopia, Somalia
Horn of Africa corridor competition intensifies as regional rivalry deepens

Ethiopia, Africa's most populous landlocked country, hopes to diversify supply routes to reduce its dependence on Djibouti. The future transport corridors are attracting the attention of international development partners and of the Gulf States, which are battling for influence in the region.

Subscribers only Diplomacy 06.05.2024

Spotlight | Ethiopia, Somalia
Mogadishu seeks to thwart Addis promise to recognise Somaliland

Somalia is trying to scupper a provisional deal for Ethiopia to recognise Somaliland's independence in exchange for a military base and access to the sea.

Subscribers only Diplomacy 26.01.2024

Hassan Sheikh Mohamud at the Non-Aligned Movement summit in Kampala on 19 January 2024.

Spotlight | Ethiopia
Addis pursues informal talks with private lenders ahead of IMF visit

Despite missing a coupon payment on its $1bn eurobond in December, Ethiopia still hopes it can renegotiate with its private sector bondholders, though they have rejected a first restructuring proposal.

Subscribers only Finance 12.01.2024

Ethiopian prime minister Abiy Ahmed at a session of parliament in Addis Ababa, Ethiopia, on 28 March 2023.

Spotlight | Senegal
Opaque €100m public health deal sets alarm bells ringing

An over-the-counter arrangement to supply medical equipment has set alarm bells ringing within the healthcare community. Some have suspicions that the deal, clinched only a few months before the February 2024 presidential election, is overpriced.

Subscribers only Politics, Business 01.12.2023

Stefan Wintels, Chairman of the Executive Board of KfW, on 31 January 2023 in Hesse, Germany.

Inner circles | Ethiopia
Abiy's well-travelled team of financiers prepares for stock exchange launch

To attract investor support for the new Ethiopian Securities Exchange, which he sees as a key reform measure, the Ethiopian prime minister has brought in professionals from the Ethiopian diaspora, who have been trained by the leading international finance groups.

Subscribers only Finance 10.11.2023

Spotlight | South Africa
BRICS seeks to reinvent itself at Johannesburg summit

At this year's summit in the South African economic capital, the BRICS grouping (Brazil, India, Russia, China, South Africa) agreed to admit six new, non-aligned countries into its ranks. It also voiced its ambitions to create a more structured organisation and transform the block's economic power into diplomatic and financial influence.

Subscribers only Diplomacy 25.08.2023

Prime Minister of India Narendra Modi, South African president Cyril Ramaphosa and president of China Xi Jinping attend a meeting during the 2023 BRICS Summit at the Sandton Convention Centre in Johannesburg on 24 August 2023.

In Focus | Ethiopia
Abiy Ahmed builds tailored security strategy to fight Oromia rebels

While the eyes of the world are on northern Ethiopia, another conflict has been going on quietly in Oromia. In this region, the most populous in Ethiopia, the prime minister is trying to modify his strategy to curb the OLA rebellion.

Subscribers only Defence 03.10.2022

Ethiopian Prime Minister Abiy Ahmed Ali with soldiers as he joins the frontline against rebel groups for the second time in Ethiopia, 29 November 2021.

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Ethiopia
Abiy Ahmed
Covid-19
Ethiopian Electric Power
Ethiopian National Defense Forces
KenGen
Marriott Drilling
Meridiam
Multilateral Investment Guarantee Agency
Oromo Liberation Army
Reykjavik Geothermal
Siemens Gamesa
Tigray People's Liberation Front
Tulu Moye Geothermal Operations
Tulu Moye SAS
World Bank
Yapi Merkezi

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Nigeria
Fertiliser giants Indorama and Dangote in murky waters over urea shortage

Niger
Washington watches as Tehran negotiates with Niamey for 300 tonnes of uranium

Spotlight | Ethiopia
How Meridiam's $2bn geothermal project ran out of steam

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Ethiopia
China's Jiangsu Etern Co bags $34m state contract

Spotlight | Ethiopia, Somalia
Horn of Africa corridor competition intensifies as regional rivalry deepens

Spotlight | Ethiopia, Somalia
Mogadishu seeks to thwart Addis promise to recognise Somaliland

Spotlight | Ethiopia
Addis pursues informal talks with private lenders ahead of IMF visit

Spotlight | Senegal
Opaque €100m public health deal sets alarm bells ringing

Inner circles | Ethiopia
Abiy's well-travelled team of financiers prepares for stock exchange launch

Spotlight | South Africa
BRICS seeks to reinvent itself at Johannesburg summit

In Focus | Ethiopia
Abiy Ahmed builds tailored security strategy to fight Oromia rebels

Set up email notifications for these topics

About Africa Intelligence

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Africa Intelligence on social media

Indigo Publications' websites

About Africa Intelligence

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Indigo Publications' websites

Nigeria Fertiliser giants Indorama and Dangote in murky waters over urea shortage

Niger Washington watches as Tehran negotiates with Niamey for 300 tonnes of uranium

The generals waging war from Khartoum to Darfur

Cabo Delgado: a gas Eldorado and security nightmare

The Renaissance Dam – a national symbol but a regional quandary

Spotlight | Ethiopia How Meridiam's $2bn geothermal project ran out of steam

This article may be accessed by subscribers

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Set up email notifications for these topics

Ethiopia China's Jiangsu Etern Co bags $34m state contract

Spotlight | Ethiopia, Somalia Horn of Africa corridor competition intensifies as regional rivalry deepens

Spotlight | Ethiopia, Somalia Mogadishu seeks to thwart Addis promise to recognise Somaliland

Spotlight | Ethiopia Addis pursues informal talks with private lenders ahead of IMF visit

Spotlight | Senegal Opaque €100m public health deal sets alarm bells ringing

Inner circles | Ethiopia Abiy's well-travelled team of financiers prepares for stock exchange launch

Spotlight | South Africa BRICS seeks to reinvent itself at Johannesburg summit

In Focus | Ethiopia Abiy Ahmed builds tailored security strategy to fight Oromia rebels

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Nigeria
Fertiliser giants Indorama and Dangote in murky waters over urea shortage

Niger
Washington watches as Tehran negotiates with Niamey for 300 tonnes of uranium

Spotlight | Ethiopia
How Meridiam's $2bn geothermal project ran out of steam

Ethiopia
China's Jiangsu Etern Co bags $34m state contract

Spotlight | Ethiopia, Somalia
Horn of Africa corridor competition intensifies as regional rivalry deepens

Spotlight | Ethiopia, Somalia
Mogadishu seeks to thwart Addis promise to recognise Somaliland

Spotlight | Ethiopia
Addis pursues informal talks with private lenders ahead of IMF visit

Spotlight | Senegal
Opaque €100m public health deal sets alarm bells ringing

Inner circles | Ethiopia
Abiy's well-travelled team of financiers prepares for stock exchange launch

Spotlight | South Africa
BRICS seeks to reinvent itself at Johannesburg summit

In Focus | Ethiopia
Abiy Ahmed builds tailored security strategy to fight Oromia rebels