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Thursday, March 8, 2018

Ethiopia: World Bank Approves $375 Million to Support National Electrification Program

World Bank Supports Ethiopia’s Endeavors to Provide all Citizens with Access to Electricity (News Release)

(Courtesy CIA.gov)
The World Bank has approved a $375 million International Development Association (IDA) credit to support Ethiopia’s goal of achieving universal electricity access by 2025.

Ethiopia has the second highest available generation capacity in Sub-Saharan Africa with nearly 100 percent coming from renewable energy generation (mostly hydropower), and vast and mainly untapped solar, wind, and geothermal clean energy resources. Over the past decade, the Government has launched one of the most successful electrification programs in Sub-Saharan Africa, expanding the grid network coverage to nearly 60 percent of towns and villages.