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BOLDEN African News · Sunday 1 November 2026

EthiopiaEnergy, power and utilities

Ethiopia seeks nearly $11 billion from partners for its third electrification plan

Ethiopia is seeking nearly $11 billion from the World Bank and other development partners for its third National Electrification Plan. The Ministry of Water and Energy puts the plan's cost at more than $18 billion, to reach 32.5 million households over the next decade, about 4.4 million of them off-grid. Private investors are expected to supply about $800 million for off-grid solutions; the external figure is a funding target, not a commitment.

Why it matters

One of Africa's largest electrification programmes, with a clear role for off-grid solar companies and their financiers.

Source: Capital Ethiopia · 1 November 2026

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