East Africa:

Iceland Signs Agreement to Help Develop Geothermal in the African Rift Valley (panapress.com)

In its bid to assist African Rift Valley countries in the development of geothermal energy resource, the African Union Commission (AUC) and the Icelandic International Development Agency (ICEIDA) have signed a memorandum of understanding for cooperation in the field.

According to the agreement initialed by the two parties here Wednesday, the AUC and ICEIDA will work together to develop and implement geothermal energy policy as well as investment, regulatory and institutional guidelines, among other areas, in eleven African Rift Valley countries

In 2012, the AUC, the German Federal Ministry for Economic Cooperation and Development (BMZ) and the EU-Africa Infrastructure Trust Fund through KfW Entwicklungsbank (KfW) established the 50-million-euro Geothermal Risk Mitigation Facility (GRMF) for African Rift Valley countries to provide grants for geothermal resource exploration and drilling projects.

GRMF started with five pilot countries -- Kenya, Ethiopia, Rwanda, Tanzania and Uganda – and, currently, the facility covers eleven countries including Burundi, Comoros, Democratic Republic of Congo, Djibouti, Eritrea and Zambia.

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