MEGA-DAM POWERS UP

[Addis Fortune - Ethiopia] - 14/09/2025
The initial budget in 2011 was 80 billion Br, but this figure swelled to a revised cost of 240 billion Br by 2024, a challenge that was exacerbated by currency depreciation and devaluation which saw the exchange rate increase almost ten-fold since the project began. Beyond energy, the reservoir (…)
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