Addis Ababa, March 15/2024 (ENA) Ethiopia has earned more than 1 billion USD from electric power export to neighboring countries in 18 months, Water and Energy Minister Habtamu Itefa told the Ethiopian News Agency.
In an exclusive interview with the agency, the minister stated that the revenue was generated during the months up until the end of 2015 Ethiopian fiscal year.
According to him, the performance underscores the nation’s burgeoning role as a regional energy powerhouse, catalyzing regional integration.
While acknowledging fluctuations, Habtamu highlighted the growing demand for Ethiopian electricity, with recipient countries witnessing a 15 percent annual surge.
We are successfully supplying energy to Sudan, Djibouti, and Kenya, the minister noted, lauding the pivotal interconnection between Ethiopia and Kenya’s power grids that extend the possibility of exports as far as South Africa via the East African Power Pool.
He further pointed out that “Ethiopia is blessed and conveniently positioned to provide clean, inexpensive electricity without harming the environment, fueling escalating demand.”
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