Self-financing is 'Africa's future': Ethiopian engineer comments on hydropower and energy sovereignty Multilateral Development Bank support is important but cannot match the pace of Africa's development, Kifala Horo, chief project manager of the Grand Renaissance Dam in Ethiopia, told Sputnik Africa on the sidelines of the 36th Africa Hydro Symposium. The current capacity in Ethiopia reflects the determination of the governments to finance their own projects and drive industrialization and modernization. "We built many hydropower plants with our own forces, with our own funds, starting with GERD, which cost us more than 5 billion. " Subscribe to Sputnik Africa | X.

Self-financing is 'Africa's future': Ethiopian engineer comments on hydropower and energy sovereignty Multilateral Development Bank support is important but cannot match the pace of Africa's development, Kifala Horo, chief project manager of the Grand Renaissance Dam in Ethiopia, told Sputnik Africa on the sidelines of the 36th Africa Hydro Symposium. The current capacity in Ethiopia reflects the determination of the governments to finance their own projects and drive industrialization and modernization. "We built many hydropower plants with our own forces, with our own funds, starting with GERD, which cost us more than 5 billion. " Subscribe to Sputnik Africa | X.