South Korea Exim Bank has provided $264 million loan to the Government of Ethiopia supporting ongoing development projects of the government.
The Government of Ethiopia and Russia inked a nuclear development deal, which enables the former to use nuclear power as an alternative renewable energy source.
A Kenyan and two Chinese companies have secured a geothermal power project in Ethiopia after the government re-launches the Aluto Langano geothermal project.
The Ministry of Finance of Ethiopia is set to launch an international bid for the construction of six mega solar projects worth $800 million.
The Ethiopian Government expressed its plan to sell electric power to Gulf Countries by signing and agreement to launch feasibility study on Saturday.
The African Development Bank Group (AfDB) has approved a $32.5 million equity investment, which will be directed towards bankable energy projects within Africa.