Ethiopia earns$28.4m from electricity export to Sudan, Djibouti


13 December 2018

Ethiopia has earned over $28.4 million from electricity export to Sudan and Djibouti over the past five months (June-October), reports said on Thursday.From the total earnings, $17.5 million was obtained from export to Djibouti and the remaining from Sudan, according to the Ethiopian Electric Power (EEP).

Ethiopia is currently working to promote regional integration through cross-border electricity interconnections.

It has concluded agreements with Somaliland, Kenya, Tanzania, and South Sudan to create electricity interconnection.

Exchange of electricity between Ethiopia and Kenya is expected to commence once the construction of East Africa’s first high voltage direct current (HVDC) power line project is concluded in 2019.

The total cost of the project is estimated to reach $1 billion, with funding from Africa Development Bank (AfDB).

Ethiopia is endowed with a huge hydro power generation potential which is estimated at approximately 45,000 MW.

Next Post