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Edan Power, China Sign Deal to Establish Green Tech Hub


Edan Power, China Sign Deal to Establish Green Tech Hub

Ethiopian Edan Power and China’s Southern Power Grid Technology (CSGT) have signed a strategic, exclusive partnership to develop a "Green Tech" hub. The agreement was signed on January 26, 2026, by Hamde Ebrahim for Edan Power and Jiang Junpeng, General Manager of CSGT’s International Development Department, in the presence of Bayissa Bedada (PhD), State Minister of Innovation & Technology. Edan Power Group, an electro-mechanical engineering and manufacturing company, supplies power generation equipment, water pumping systems, agricultural machinery, solar solutions, and electrical control systems. Under the agreement, Edan Power will work with CSGT, in coordination with Ethiopia Electric Utility (EEU), to generate jobs across engineering, manufacturing, and local supply chains. The partnership will roll out in three phases: technology transfer and maintenance training, local assembly starting in 2028, and full-scale manufacturing with an export focus. The deal sets a framework for energy cooperation built on technological sovereignty, with the aim of enabling local production of green energy solutions.

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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 proliferat...


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...