2merkato

The Ministry of Mines announced that Ethiopia has fully replaced imported coal previously used by cement, steel, ceramic and other factories with domestically produced coal, a move expected to reduce foreign exchange pressure and stabilize industrial supply chains.

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.

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.

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.