FORTUNE+ VIDEO SPONSORED CONTENTS ADVERTORIALS FORTUNE AUDIO Fortune Careers TRADE AFRICA Election 2026 New TIME REMAINING UNTIL ETHIOPIA’S NATIONAL ELECTION 0Days 0Hours 0Minutes 0Seconds




EEU Reports Progress in Distribution Projects, Confronts Persistent Power Losses

Aug 17 , 2025


[ssba-buttons]

The Ethiopian Electric Utility (EEU) closed the 2024/25 budget year with major gains in rural electrification and infrastructure upgrades, but the sector continues to bleed from theft, outages, and aging equipment. CEO Getu Geremew disclosed that losses reached 2.31 billion Br, with only 1.43 billion Br recovered. More than 1,000 individuals were held accountable for theft and fraud, as the utility reported 880 million Br still unrecovered. Roughly 22pc of power purchased from Ethiopian Electric Power was lost, half to technical faults such as vegetation and aging conductors, the rest to commercial theft and operational issues. Blackouts remain severe, averaging 46 hours per week nationwide. EEU is responsible for nearly nine in ten outages, with earth faults, theft, and overcurrents driving most disruptions. To counter this, the utility expanded inspections, replaced 53,700 senior meters with smart devices, and cut non-compliant trees, replanting 80,000 to offset environmental impact. Despite challenges, EEU electrified 148 rural kebeles, exceeding targets, and added 501,000 new customers, bringing its base to 5.2 million. Distribution projects in Addis Abeba are more than 93pc complete, while broader works in regional towns remain below 12pc. Looking ahead, the utility plans to electrify 154 rural kebeles, connect 80,000 more customers, and scale up smart meter deployment as part of its 25-year roadmap for a modernised national grid.


Radar

Parliament Receives $237m Development Loan Package

The Council of Ministers forwarded two concessional loan agreements totalling 237.3 million dollars to Parliament for ratification, targeting rural infrastructure and food security. The package includes 46.3 million dollars from the African Development Bank (AfDB) for climate-resilient infrastructure in pastoralist regions. A second credit facility of 191 million dollars (146.1 million SDR) from the International Development Association (IDA) is earmarked for the sixth phase of the Productive Sa...


Radar

MoTRI to Overhaul Consumer Protection Rules Following Cabinet Approval of Trade Policy

The Council of Ministers, led by Prime Minister Abiy Ahmed (PhD), approved Ethiopia's first unified trade policy last week, ending a three-year deliberation period to fill a decades-long regulatory vacuum,. This institutional milestone mandates the Ministry of Trade & Regional Integration (MoTRI) to overhaul consumer protection frameworks, specifically requiring a rigorous revision of the Trade Competition and Consumer Protection Proclamation to eliminate market distortions and the prolifera...


Radar

Regional Power Exports Yield $366m as Capacity Hits 9.6GW

Ethiopian Electric Power (EEP) generated 365.99 million dollars from regional exports in the first nine months of the fiscal year as national capacity reached 9,579MW. The revenue followed the sale of 24,940GWh, representing 91pc of gross generation. Hydropower remains dominant, providing 9,500MW. To diversify assets and mitigate climate risks, the utility integrated the 100MW Asela Wind Power Project. The transmission network has expanded to 148,600km to secure domestic industrial supply and...