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Financing renewable energies: signing of an agreement between Atidi and Ethiopia

20/02/2025
Source : ORISHAS FINANCE
Categories: Sectors

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Un communiqué de presse a annoncé la signature d' un protocole d' accord entre la Federal Democratic Republic of Ethiopia and the African Trade Insurance Agency (Atidi).

This agreement aims to accelerate Ethiopia's transition to clean energy by attracting foreign investment in renewable energy projects through Atidi's Regional Liquidity Support Facility (Rlsf). This facility provides financial protection to IPP/PPPs by making available to them the payments that public services owe them, which reinforces payment security and financial stability, a major challenge in the energy sector. According to Ahmed Shide, Ethiopian Minister of Finance, “through this partnership, Ethiopia aims to facilitate timely payments to developers, mitigate financial risks, strengthen the bankability of power purchase agreements (PPAs) and improve the solvency of Eep

.”
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