Geothermal Power Opportunities In The Rift Valley
The buzz around East African geothermal energy has been increasing in recent years. Although Kenya is the clear leader of the pack, Ethiopia, Rwanda, Tanzania, and now Djibouti are all taking steps to harvest the underdeveloped power resource.
The potential of geothermal is undeniably huge and, if successfully developed, it could significantly boost economic growth and help ensure long-term energy security in East Africa.
That said, although the geothermal industry is receiving a great deal of support from development banks and other international organisations, we believe funding insecurity remains a key risk and could hinder the sector’s development in the short to medium term.
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