The Ethiopian Radio and Television Agency ERTA reported the announcement of Mr Hailemariam Desalegn Boshe, the Prime Minister of Ethiopia - of the agreement of Reykjavik Energy and Ethiopian Electric Power Corporation EEPCo to build and operate up to 1000 MW of geothermal power in Ethiopia. Interviewed were Mr Earl Gast, Assistant Administrator (Head) of US Aid Africa, Ms Mimi Alemayehu, Executive Vice President of the Overseas Private Investment Corporation (the US Government’s Development Bank), and Mr Michael Philipp, Chairman of the Board of Directors of Reykjavik Energy.
"If you want to go fast, go alone. If you want to go far, go together."
- African Proverb