Power to Africa Series - Volume 4: Ethiopia - Part 2
As set out in the first instalment, the GoE is committed to undertaking largescale reforms of its highly regulated energy market, in order to attract inward investment and meet its ambitious plans to improve its own transmission and distribution systems, and become a key energy exporter in sub-Saharan Africa.
These reforms also seek to overcome the challenges highlighted in the first instalment, most notably an overreliance on hydropower and an unreliable electricity supply.
Despite its challenges, and thanks to the GoE’s reforms, Ethiopia is an economy which is ripe with opportunities and prospects for potential investors. With large energy resource potential, an abundant supply of power, significant GoE investment in transmission infrastructure and increasing GoE transparency, Ethiopia is a jurisdiction which is becoming increasingly attractive to private investors.