Eastern Africa
MIGA Increases Guarantees For Tulu Moye IPP
The geothermal plant is being developed in Ethiopia.
![](https://constructafrica.b-cdn.net/cdn/ff/YcCvXjg5LNlpVlpv3B-525gYn5whqd-zFiRS30PSdcw/1707644496/public/styles/node_large_940x540/public/2023-11/tulumoye.jpg?itok=vdyd5It2)
The Multilateral Investment Guarantee Agency (MIGA) of the World Bank has increased the guarantees issued to Tulu Moye SAS of France covering its equity and quasi-equity investments in Ethiopia’s Tulu Moye Geothermal Operations (TMGO).
TMGO, which is fully owned by Tulu Moye SAS, is developing a geothermal independent power plant near
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