Ethiopia has announced it is looking for a global partner to build a state-backed Bitcoin mining operation, moving from a model of hosting private miners toward something run with government involvement.
The call for partners was made at the Finance Forward Ethiopia 2026 event and signals a clearer role for the state in the country’s crypto plans.
State Seeks Global Partner
This shift aims to turn cheap, surplus hydropower into a steady source of foreign income instead of leaving it unused.
The move is simple on paper. Use local power. Create jobs. Bring in money. But the reality is quite complex. Ethiopia has already seen miners move in, drawn by low rates and access to hydroelectric plants.
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