The American multinational conglomerate which is one of the five biggest companies in the world, General Electric (GE), has started negotiation to invest part of its revenue in the Ethiopian energy sector.
General Electric’s executives have been discussing on the issue in the past two years with Prime Minister Hailemariam Desalegn, Foreign Minister Dr. Tewodros Adhanom and Minister of Finance and Economic Development Ato Sufian Ahmed.
Moreover, GE has signed a memorandum of understanding with ministry of finance and economic development.
Besides pouring its capital in the government’s energy projects, GE showed interest to work with private investors.
GE operates in the Energy, Technology Infrastructure, Capital finance and consumer and industrial products.
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