Ethiopia earned USD 32.61 million from five months’ electricity export to Sudan and Djibouti. However, the revenue gained during the past five months showed a USD 6.2 million decrease when compared to the same period in the 2021/2022 fiscal year. Ethiopian Electric Power has plans to generate USD 145 million in the current fiscal year from electricity export to Sudan, Djibouti, and Kenya. The highest revenue is expected to come from Sudan which will pay USD 55 million for the power supply while Kenya and Djibouti each pay USD 41 million and USD 50 million, respectively. Ethiopia has been exporting electricity to Sudan and Djibouti for a decade.

Source: Ethiopian News January 14, 2023 11:00 UTC