World Bank contributes US$6 million to Djibouti project; GDC’s geothermal half-marathon in Kenya

In Africa, the World Bank contributes $US6 million to the Lake Assal, Djibouti project. In Kenya, the GDC organized the second annual Menengai Geothermal Half-Marathon.

Djibouti: World Bank Contributes $US6 Million to Lake Assal Project
Kenya: Geothermal Development Company Organizes Menengai Geothermal Half-Marathon

Djibouti: World Bank Contributes $US6 Million to Lake Assal Project
The World Bank Group and the Government of Djibouti signed geothermal project financing agreements this week for the Lake Assal project. World Bank will provide a US$6 million highly concessional credit through its International Development Association arm. “Geothermal energy can play an important role in Djibouti’s energy policy which is to reach 100 percent green energy by 2020,” Ilyas Moussa Dawaleh, Djibouti’s Minister of Finance and Economy stated to press (4-traders.com). “All our citizens should have access to a reliable and affordable source of electricity, which is crucial for the development of the economy and the well-being of our citizens.” In August, the African Development Bank signed a US$7.5 million agreement with Djibouti for the project. Geoenergist.wordpress.com; Geoenergist.wordpress.com

Kenya: Geothermal Development Company Organizes Menengai Geothermal Half-Marathon
The Geothermal Development Company (GDC) organizes a Menengai Geothermal Half-Marathon that is in its second year and has been recognized by the International Association of Athletics Federations and local Athletics Kenya. GDC Managing Director and Chief Executive Officer Dr. Silas Simiyu discussed the event with local press (Standardmedia.co.ke): “We have four main categories: 21 KM; 10 KM; 5 KM; and 3 KM field events for children. This marathon is part of GDC’s commitment to community. Our main interest is to provide platforms for up and coming athletes to test their talents. Its our dream to see to talents being discovered from the Menengai Geothermal Half-Marathon,” said Simiyu. The overall winner of the 21 km race wins Ksh. 100, 000, while other top finishers will win various prize money. The event will be Sunday the October 13th 2013, in Nakuru County.

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