2merkato

Ministry of Water and Energy announced that the electricity user rate has climbed to 52 percent. According to the Ministry, the National Electrification Programme has yielded demonstrably positive results since its inception.

Kenya's plan to import electricity from Ethiopia faces potential roadblocks due to the worsening energy crisis in the nation. The Energy and Petroleum Regulatory Authority (EPRA) is concerned that power shortages in Addis Ababa could disrupt supply to Nairobi, potentially forcing a renegotiation of the 25-year power purchase agreement (PPA) signed in July 2022.

The Ethiopian Electric Utility (EEU) signed a memorandum of understanding (MoU) with Huawei on Friday to achieving universal electricity access. This agreement, signed during the Ethiopia Green Energy Summit 2024, aims to provide electricity to people living in remote areas currently not connected to the national grid.

Ethiopia's electric grid is set for a major boost with a USD 500 million investment from the World Bank. The Ethiopian Electric Power (EEP) announced plans to build 14 new power distribution stations and lines, alongside renovations of existing power plants and distribution networks.