Ethiopia generated USD 71 million in the past 9 months from electricity export. The Ministry of Water and Energy stated that efforts were being made to overcome the foreign currency shortage in the country by increasing income from the sale of electricity. The country was able to export 10,725 Gigawatts of power during the same period.

According to Ethiopian Electric Power (EEP), only 10% of the country’s total generated power is being exported. The current installed power generation capacity of EEP is 5200 Megawatts.

EEP has plans to generate USD 145 million in the current fiscal year from electricity export to Sudan, Djibouti, and Kenya. The highest revenue is expected to come from Sudan which will pay USD 55 million for the power supply while Kenya and Djibouti each pay USD 41 million and USD 50 million, respectively.

Source: Addis Zemen and 2Merkato Archives