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Press Release19 November 2019Siemens AGMunich
Tangible solutions to Ethiopia’s energy and infrastructure challenges
The Ethiopian
Governments Growth and Transformational plan II has a goal to achieve universal
electricity by 2025. Currently 56% of the Ethiopian population does not have
access to electricity.
At the G20 summit, Siemens committed to
supporting and contributing to Ethiopia’s Growth and Transformation Plan II and
its objective of electrifying Ethiopia. Siemens will install a solar-hybrid
plant in Sodo supplying reliable, sustainable and affordable electricity to the
FruitBox farm as well as to the surrounding communities. The G20 investment
Summit-Compact with Africa brings together delegates in the public and private
sectors to promote German-African business relations under the compact with
Africa.
“The Fruitbox Farm project is a key Siemens
lighthouse project aimed at demonstrating the importance of corporates aligning
to a national vision that will ultimately benefit the lives of people in
different societies,” says Sabine Dall’Omo, CEO for Siemens Southern and
Eastern Africa. “Government plans supported by business initiatives are
essential and play a crucial role in moving economies forward and ensuring
economic prosperity for all,” she adds.
This project showcases how partnerships
between big corporations and small startup companies, can help yield positive
results, even in remote and rural areas. The impact on locals living in Sodo
will be immense. Apart from providing electricity to the Fruitbox, the project
will provide electricity to a nearby school which has approximately 300
students and additionally 150 households indirectly impacting roughly 1,500 people.
The
project goes beyond rural electrification by creating 200 direct new jobs, even
in challenging environments. Through
this initiative students from surrounding areas will be trained on how to
operate and maintain the microgrid and integrating the agricultural value chain
through oil and juice production.
Sabine concludes, “Siemens remains
steadfast in its commitment to Ethiopia. It is our duty as a business operating
in the country to make positive strides, through our technology to build a
better, more sustainable future for its people.”
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Siemens AG (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation,
quality, reliability and internationality for more than 170 years. The company is active around the globe, focusing on the areas of
electrification, automation and digitalization. One of the largest producers of energy-efficient, resource-saving technologies, Siemens is a
leading supplier of efficient power generation and power transmission solutions and a pioneer in infrastructure solutions as well as
automation, drive and software solutions for industry. With its publicly listed subsidiary Siemens Healthineers AG, the company is also a
leading provider of medical imaging equipment – such as computed tomography and magnetic resonance imaging systems – and a leader in
laboratory diagnostics as well as clinical IT. In fiscal 2018, which ended on September 30, 2018, Siemens generated revenue of €83.0 billion
and net income of €6.1 billion. At the end of September 2018, the company had around 379,000 employees worldwide. Further information is
available on the Internet at
www.siemens.com.
Contact
Boitumelo Masike
Siemens AG
300 Janadel Ave, Halfway Gardens Midrand
1686
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+27 83 393 0629