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Ethiopia Electric Utility Faces Heavy Losses from Infrastructure Vandalism


Ethiopia Electric Utility Faces Heavy Losses from Infrastructure Vandalism

The Ethiopian Electric Utility recorded significant financial losses during the first four months of 2018 due to vandalism, theft, and deliberate damage. Transformer vandalism caused over 23 million Br in damages, while overhead and underground cables added nearly 89 million Br, resulting in 36.45 gigawatt-hours of lost electricity, valued at around 13.18 million Br. Public infrastructure, including roads and service vehicles, suffered an additional 18 million Br in damages, bringing total losses to an estimated 143.3 million Br. Authorities have opened ten criminal investigations into the incidents. Vandalism and theft of energy assets carry penalties of five to 20 years’ imprisonment and fines of up to 50,000 Br, depending on the offence. To improve monitoring, the Ethiopian Electric Utility has set up a toll-free call centre and SMS service at 908, encouraging citizens to report any observed incidents to safeguard national assets.

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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...


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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 proliferat...


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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...