Ethiopia secured USD 48.23 million in seven months from the export of electricity to neighboring countries. Accordingly, the country earned USD 24.5 million from electricity export to Djibouti while it gained USD 20.6 million and 3.09 million from exports to Sudan and Kenya, respectively.

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.

Ethiopian Electric Power 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.

Ethiopia has been exporting electricity to Sudan and Djibouti for a decade. Other neighboring countries such as South Sudan are also requesting to import power from Ethiopia. The country started exporting power to Kenya in November last year.

Source: Fana BC and 2Merkato archives