Market News | POWER & ENERGY ETHIOPIA 2026

Market News

  • China Completes Ethiopia Hydropower Rehabilitation Project

    Posted on :Tuesday , 20th December 2016

    Addis Ababa — China on Thursday handed over a hydropower plant rehabilitation project to Ethiopia.

     
    With an installed generating capacity of 6.6MW, the Aba-Samuel Hydropower Plant Rehabilitation Project was carried out in two years by PowerChina Huadong Engineering Corporation, for which the Chinese government provided a grant amounting to 95 million yuan (arou. . .

  • Ethiopia plans to harness 5,000 MW of geothermal energy

    Posted on :Friday , 25th November 2016

     Ministry of Mines, Petrol and Natural Gas has made public Ethiopia’s plan to harness 5,000 Mega Watts (MW) of geothermal energy by 2037.

     
    The newly appointed Minister of the mnistry, Motuma Mekassa, said that Ethiopia is intensively working to developing renewable energy sources like geothermal energy and expand its partnership with other African countrie. . .

  • AFRICA - THE NEXT GROWTH MARKET

    Posted on :Thursday , 24th November 2016

     Africa is currently home to five of the fastest growing economies in the world. According to a global study, the continent's economy is forecast to grow to $2.6 trillion in 2020 from $1.6 trillion in 2008, fuelled by booms in mining, agriculture and development of ports, roads and other infrastructure. This rapid economic growth is what is creating substantial new business opportunities i. . .

  • Turkish Exporters Target Africa

    Posted on :Wednesday , 23rd November 2016

     At a time when struggling Turkish exporters are looking for ways to diversify their target markets, Africa is poised to become the new frontier market for Turkish firms as they position themselves to become major stakeholders in the region’s rapidly growing industries.

    Africa has recorded an annual growth rate of 5 percent over the last d. . .

  • Ethiopia: Biogas and Solar - Alternative Energy Source Focuses

    Posted on :Wednesday , 23rd November 2016

     Ethiopia meets much of its energy demands from hydroelectric sources these days. Though 45,000 MW of hydro power potential under use at the moment, the demand for energy is increasing at a high rate. The growth in the demand is due to the ongoing industrial growth and rapid development. The fast economic growth of the nation calls for more energy even from other energy alternatives. Among. . .

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