Ethiopian Electric Power (EEP) hired two overseas firms to provide consultancy services in the areas of expense reduction and increasing revenues. For the service that is expected to last for one year, AF-Mercados and AF Consult will be paid 68.5 million Br. The expense will be covered with financial support from the World Bank Group. This project is the first in Ethiopia for both Spanish companies. The agreement was signed on Thursday, January 16, 2019, between Abraham Belay (PhD), CEO of EEP, and Miguel A. Hernandez, managing director of AF-Mercados.
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