Market News | POWER & ENERGY Ethiopia 2022

Market News


    Posted on :Tuesday , 12th April 2022

    The World Bank's Board of Executive Directors has approved US$ 55M for the implementation of the Second Djibouti-Power System Interconnection Project which intends to strengthen regional connectivity between Ethiopia and Djibouti by improving low-cost and clean power transmission.

    The monies will particularly help fund the building of a second double-circuit high voltage energy power tran. . .

  • Ethiopia: Russian Company Keen to Invest In Ethiopia's Energy Sector

    Posted on :Tuesday , 15th February 2022

    Major Energy Company of Russia keen to invest in Ethiopia, Ministry of Foreign Affairs said.


    The Ministry disclosed that one of the major energy companies in Russia, Energy solutions, electro technical holding company ERSO, has shown interest to invest in the energy sectors of Ethiopia.


    Ethiopian Embassy in Russia has briefed investment opportunities in the. . .

  • ETHIOPIA: Production Testing Begins For the Great Renaissance Dam

    Posted on :Thursday , 20th January 2022

    The Ethiopian government has completed preparations for the start of a production test of the Grand Ethiopian Renaissance Dam (GERD). If successful, the first 2 units of the hydropower plant will come on stream.


    Addis Ababa is about to take the next step in the construction of the Grand Ethiopian Renaissance Dam (GERD). On the construction site, preparations for a test of ele. . .

  • Sudan Could Purchase 1GW Of Electricity From Ethiopia

    Posted on :Tuesday , 24th August 2021

    Sudan has shown interest in purchasing up to 1000 MW of Electricity from Ethiopia, Africa, according to senior officials at Ethiopian Electric Power.


    Ethiopian news agency (ENA) quoted Andualem Sia, Ethiopian Electric Power executive officer, saying that Sudan had shown interest in making the purchase.


    Experts from Ethiopia travelled to Khartoum to discuss . . .

  • Electricity Connection Between Ethiopia And Djibouti To Expand

    Posted on :Thursday , 22nd July 2021

    The African Development Bank (AfDB) has approved 2 grants totaling USD 83.6m to boost cross-border trade in electricity between Ethiopia and Djibouti.


    The funds are made up of a USD 69.65 million grant to Ethiopia and a USD 13.93 million grant to Djibouti. Both the grants are sourced from the African Development Fund, which is the AfDB’s concessional financ. . .


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