The Ethiopian Electric Utility has reported collecting Birr 52.26 billion from energy sales and miscellaneous income during the first six months of the 2025/26 fiscal year, achieving 96 percent of its planned target.
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Gridworks, a British government-owned investor focused on Africa’s electricity networks, has signed agreements to develop and invest in electricity transmission projects in Ethiopia valued at around USD 400 million.
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Bitdeer Technologies Group has flagged Ethiopia as one of its operating locations in its December 2025 production and operations update released on January 12, 2026, noting progress on a power-backed crypto mining site in the Oromia Region.
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The Ethiopian Petroleum Supply Enterprise (EPSE) will begin collecting a new fuel tax next month as part of the government’s ongoing fiscal reforms. The measure introduces a combined 30 percent levy on petroleum products, consisting of a 15 percent value-added tax and a 15 percent excise duty.
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The Ethiopian Mineral Corporation (EMC) and Sunbird Bioenergy Africa have signed a Memorandum of Understanding (MoU) to advance Ethiopia’s renewable energy and biofuel production, marking a significant milestone in the country’s green economic transformation.
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