Initial exploration and drilling to be funded by Development Bank of Ethiopia as part of World Bank collaboration Hot commodity … the Danakil Depression in the Dallol geothermal area. Ethiopia is eager to realise its geothermal potential. Photograph: Ariadne Van Zandergen/Alamy Ethiopia, like its fellow Great Rift Valley countries, has enormous geothermal energy potential. However, the costs involved and the need for skilled expertise have, until now, been major obstacles. In late January, the Development Bank of Ethiopia announced that, over the next five months, it will offer an initial $20m to kickstart geothermal energy projects in the country's private sector as part of a programme...
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