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Addis Ababa, Ethiopia, 21 January 2016: The African Union Commission (AUC), through its’ Department of Infrastructure and Energy, and Cluff Geothermal ltd signed a Grant Contract for financial support - totaling USD 862,131, to conduct surface study activities and infrastructure upgrades at the Cluff Geothermal ltd owned Fantale geothermal prospect located in Ethiopia. The Grant Contract was signed by the AUC Commissioner for Infrastructure and Energy, Dr. Elham M. A. Ibrahim, and Mr. George Percy, on behalf of Cluff Geothermal ltd, at the AUC headquarter.

Addis Ababa, Ethiopia, 19 January 2016: The Chairperson of the African Union Commission, H.E. Dr. Nkosazana Dlamini Zuma, and the Chairperson of SOBEK Trade and Investment (Egypt), Mrs. Manal Abdel Moneim, have signed a Memorandum of Understanding in support of an initiative to launch a Pan African Agribusiness Holding Company.

The MoU signed on Tuesday 19 January at the African Union Headquarters in Addis Ababa, Ethiopia, aims at developing women’s agribusinesses by mobilizing investments and providing capacity to such businesses in different parts of the continent.