Ethiopia and China signed a $1.8 billion investment agreement. The agreement covers provision of electric power transmission and distribution lines. The signing of the agreement came following Ethiopian Prime Minister Abiy Ahmed meeting officials of State Grid Corporation of China in Beijing. On Ethiopia's part, Ahmed Shide, Minister of Finance and Economic Cooperation inked the agreement.
Ethiopia and China have concluded an industrial expansion agreement on May 19, 2015 in Beijing, China, MoFA reported.
Ethiopia signed a Memorandum of Understanding (MoU) with China on February 21, 2023 in Beijing to establish an economic cooperation group which was aimed at enhancing economic and trade relations between the two countries.
The year 2020 would be "historic" for Ethiopia-China ties, Tan Jian, Chinese Ambassador to Ethiopia said in a press conference in Addis Ababa, Ethiopia. He expressed expectations for ties between the two countries to strengthen in economy, capacity building, hi-tech, politics, health, and education.
Ethiopian Electric Power and the Corbetti Geothermal Company have concluded power purchase agreement on July 27, 2015, for the first 500 Megawatts, Ethiopian News Agency reported.
