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Ethiopia
$500m World Bank-funded energy access project flounders

More than three years after the launch of a project in Ethiopia to improve access to electricity, sector professionals are beginning to lose patience. Several tenders have had to be re-run, and access to funding is proving difficult in an already gloomy economic climate. [...]

Published on 30/07/2024 at 04:40 GMT Reading time 3 minutes

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Infrastructure, Energy

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Ethiopia
Dashen Bank
Development Bank of Ethiopia
Ethiopian Electric Utility
International Monetary Fund
Wegagen Bank
World Bank

Spotlight | Ethiopia
Donors back $10.5bn IMF support programme for Addis

The Ethiopian government looks set to receive the first funds from this deal, which it has been negotiating with the International Monetary Fund since 2021. This follows a wave of reforms and the adoption of a new monetary policy by its central bank, but some uncertainty still remains.

Subscribers only Finance 25.07.2024

The cityscape of Addis Ababa, Ethiopia, in April 2024.

Spotlight | Ethiopia
Addis hopes new economic roadmap will help it clinch IMF deal

The 31 March deadline set by the Paris Club for the suspension of Ethiopia's debt servicing is fast approaching. But a number of sticking points still stand in the way of an agreement with the International Monetary Fund.

Subscribers only Finance 19.03.2024

Ethiopian Prime minister Abiy Ahmed at the United Nations Environment Assembly, in Nairobi on 29 February 2024.

Spotlight | Ethiopia, Somalia
Mogadishu seeks to thwart Addis promise to recognise Somaliland

Somalia is trying to scupper a provisional deal for Ethiopia to recognise Somaliland's independence in exchange for a military base and access to the sea.

Subscribers only Diplomacy 26.01.2024

Hassan Sheikh Mohamud at the Non-Aligned Movement summit in Kampala on 19 January 2024.

Spotlight | Ethiopia
Abiy Ahmed's loyal allies tasked with keeping the money coming

Advised by a tight-knit circle of trusted allies, Ethiopia's prime minister Abiy Ahmed has borrowed extensively from the central bank. That strategy looks increasingly precarious as the country's economic situation grows ever more fragile and inflation reaches unprecedented levels.

Subscribers only Finance 11.04.2023

Ethiopian Prime Minister Abiy Ahmed Ali.

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Ethiopia
Dashen Bank
Development Bank of Ethiopia
Ethiopian Electric Utility
International Monetary Fund
Wegagen Bank
World Bank

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$500m World Bank-funded energy access project flounders

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Spotlight | Ethiopia
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Ethiopia $500m World Bank-funded energy access project flounders

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Spotlight | Ethiopia Donors back $10.5bn IMF support programme for Addis

Spotlight | Ethiopia Addis hopes new economic roadmap will help it clinch IMF deal

Spotlight | Ethiopia, Somalia Mogadishu seeks to thwart Addis promise to recognise Somaliland

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Set up email notifications for these topics

About Africa Intelligence

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Africa Intelligence on social media

Indigo Publications' websites

Mali, Senegal, Togo
The secrets of Demex, the trader selling Russian oil in West Africa

Africa
The sensational rise and spectacular fall of Pefaco casino and hotels

Ethiopia
$500m World Bank-funded energy access project flounders

Spotlight | Ethiopia
Donors back $10.5bn IMF support programme for Addis

Spotlight | Ethiopia
Addis hopes new economic roadmap will help it clinch IMF deal

Spotlight | Ethiopia, Somalia
Mogadishu seeks to thwart Addis promise to recognise Somaliland

Spotlight | Ethiopia
Abiy Ahmed's loyal allies tasked with keeping the money coming