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The Ethiopian Economy
Views: 425
Aug 03 2015 05:05 PM | eds in Economy & Politics
The Ethiopian Economy, is the fastest growing in Africa, and
. . . the 3rd fastest growing economy in the world.
. . . It grew from roughly 3% in early 1990s,
. . . to an average of 10% in the last 10 years.
An economy that is growing at 10% a year,
. . . doubles every 7 years.
After more than a decade of heavy investments in its renewable energy,
. . . Ethiopia is emerging as a leading producer, and
. . . exporter of clean electricity.
Africa's largest hydropower station, and
. . . Africa's biggest wind power plant have been commissioned.
. . . And recently Ethiopia signed an agreement with a,
. . . US-Icelandic firm to build Africa's largest geothermal plant.
08-03-2015 Source: The Ethiopian Economy
. . . the 3rd fastest growing economy in the world.
. . . It grew from roughly 3% in early 1990s,
. . . to an average of 10% in the last 10 years.
An economy that is growing at 10% a year,
. . . doubles every 7 years.
After more than a decade of heavy investments in its renewable energy,
. . . Ethiopia is emerging as a leading producer, and
. . . exporter of clean electricity.
Africa's largest hydropower station, and
. . . Africa's biggest wind power plant have been commissioned.
. . . And recently Ethiopia signed an agreement with a,
. . . US-Icelandic firm to build Africa's largest geothermal plant.
08-03-2015 Source: The Ethiopian Economy
