Electric Grid Codes Near Completion

Dec 19 , 2021


[ssba-buttons]

The Ethiopian Energy Authority has finalised the drafts for codes that govern and set standards for electric transmission and distribution grids. There has never been a formal code to governs all players in the energy sector while Ethiopian Electric Power and Ethiopian Electric Utility have been using their own codes. The codes are in place to attain a similar standard of operation, prevent system interruptions and meet sub-continental power interconnection standards when private operators are to enter the market. Among dozens of standards that operators have to meet is the amount of planned or unplanned system outages they can incur. The code also sets operational standards for renewable power generation specifically for wind turbine generating plants and solar power generating plants. In the transmission code, it is stated a transmission system operator will be established to oversee electric transmission operations. Ethiopia produces 4,000mw of electricity, through hydropower, wind and biomass sources, with 20pc of the power wasted due to faulty distribution. The code has been sent to the Ministry of Justice and awaits Amharic translation to move on to the approval process.


Radar

AMG Holdings Breaks Ground on Industrial Rail Link to Ethio-Djibouti Railway

AMG Holdings has launched construction on a 2.5-kilometer railway connecting its Sheger Industrial Park to the Ethio-Djibouti Railway's Endode Station. The Ethiopian-led project comprises 1.7 Kms of main track and 800 meters of side rail. Chief Project Manager Engineer Nigist Hailu said the line is expected to be completed within six months, facilitating the transport of raw materials and finished goods to Djibouti's port. More than 100 local workers have already joined the project, with addi...


Radar

Ethiopian Deposit Insurance Fund Achieves Full Q1 Collection Target

The Ethiopian Deposit Insurance Fund collected 2.08 billion Br in the first quarter of 2025. This meets 100 percent of the target and represents a 26.83 percent increase compared with the same period last year. The rise in premiums was attributed to higher deposits from member financial institutions. To date, the fund has collected a total of 15.93 billion Br in premiums from member institutions, with 14.51 billion Br coming from regular deposits and 1.42 billion Br from interest-free depo...


Radar

Oromia Bank, Ethiopian Airlines Introduce Fly Now, Pay Later via Milkii Digital App

Oromia Bank's Milkii Digital App, launched on May 3, 2025, has introduced a “Fly Now, Pay Later” service that lets customers book Ethiopian Airlines tickets using digital loans, with payments spread over six months after travel with 16.5 interest rate and allows customers to book flights upto 300,000 Br. Developed in collaboration with Ethiopian Airlines, the platform is part of a broader effort to expand digital finance and simplify access to services. The initiative seeks to enhance conven...