Djibouti, World Bank Move Forward On Geothermal Energy Project

Djiboutian Minister of Energy Ali Yacoub Mahamoud met with World Bank officials on Sunday (April 14th) to discuss support for planned geothermal energy exploration in the Assal Rift Valley.

Principal energy economist and project leader for the Djiboutian geothermal project Ilhem Bagdadii-Salamon, World Bank representative in Djibouti Homa-Zahra Fotouhi, director of Djibouti Electricity Djama Ali Guelleh and various other officials also attended the meeting to finalise negotiations over the loan funded by the World Bank’s International Development Association (IDA), the Energy Sector Management Assistance Programme and the Global Environment Facility.

“Djibouti’s geothermal energy potential is huge, and our development partners such as the IDA or the World Bank believe in its feasibility, saying it is a project that will succeed,” Secretary General of the Ministry of Energy Ainan Farah Ali told Sabahi. “The geothermal energy potential at Lac Assal and Hanl