Due diligence underway to settle whether IDB funds Amaila hydro project

Sophie Makonnen

The Inter-American Develop-ment Bank (IDB) says the due diligence process which has started for the Amaila Falls Hydroelectric project will finally determine whether or not the bank finances the project and also the level of the financing.

In responding to questions from this newspaper, IDB Representative Sophie Makonnen outlined the bank’s role