Ethiopia secured 23 million USD from exporting 423 million megawatts of electric power to Djibouti U& Sudan in the past three months.

Sudan & Djibouti are frequent customers of Ethiopian Electric Power, It is stated that $90million in revenue was gained by the nation from the two countries alone. Ethiopia exported 263.7 million MW of electricity to Sudan and earned $13.18 million while the 159.6 million MW sent to Djibouti generated the remaining $9.76 million. Last year, the country obtained a total of $90 million revenue in total from electric energy export to the two countries, according to the Ethiopian Electric Power (EEP). Speaking to state-run news agency ENA, spokesperson of EEP Moges Mokenen said the electric export trade has helped to enhance the nation’s economic relations with neighboring countries in addition to generating foreign currency. Apart from Sudan and Djibouti, Moges said preparations to export electric power to Kenya have almost been concluded. According to EEP, the country is also working to create bilateral electric power links with Somaliland, Somalia, Tanzania, Eritrea, South Sudan, and other African countries. Ethiopia now generates 4,500MW of electricity, which is predicted to grow rapidly to 17,000MW in the next ten years.