POWER AFRICA FACT SHEET
Power Africa has supported the development of electricity generation projects in Ethiopia. In addition, various firms have received U.S. Embassy support to move transactions forward. The page below gives an overview of the energy sector in Ethiopia, and explains Power Africa's involvement in the country.
ETHIOPIA ENERGY SECTOR OVERVIEW
Population: 109 million | GDP (1): $84 billion (2018)
The Government of Ethiopia (GoE) has set a goal to become a middle-income country by 2025, which includes aggressive power generation and connections targets. The GoE has determined that private investment is critical to achieve new generation targets beyond 2015 as concessional loans for government owned/operated generation facilities have decreased significantly.
Key issues continuing to face the sector include: the creditworthiness of the distribution and power generation utilities (EEU and EEP), conversion of foreign currency, cost-reflective tariffs, grid infrastructure, and off-grid populations. Such issues must continue to be addressed if Ethiopia’s power sector is to continue to grow and attract private investment.
POWER AFRICA SUCCESS STORIES IN ETHIOPIA
Megawatts and connections improving lives
With support from Power Africa, as a result of assistance provided to host country governments and the private sector, energy customers in Ethiopia, Ghana, Kenya, and Nigeria gained access to new or improved electricity. These stories highlight some of the experiences households have had as a result of gaining access to that electricity.
Powering Ethiopia’s Health Centers During the COVID-19 Crisis
Ethiopian Energy Company Lights a New Path in Local Communities