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Ethiopia earns over 95 mln USD from energy exports in past fiscal year

ADDIS ABABA, July 21 (Xinhua) The Ethiopian government said it earned some 5 billion Ethiopian birr (about 95 million U.S. dollars) from energy exports to neighboring countries during the Ethiopian 2021/22 fiscal year that ended on July 7.

Ethiopia earns US$37 million from energy exports in first 9 months of current fiscal year

Ethiopia has earned 37 million U.S. dollars from energy exports during the past nine months, the state utility firm Ethiopia Electric Power (EEP) disclosed on Thursday. EEP said the revenue was earned during the first nine months of the current Ethiopian Fiscal Year (EFY) 2021/2022, which started on July 8.…

Kenyan energy firm drills another geothermal well in Ethiopia

Kenya's Electricity Generating Company (KenGen) said Friday it has completed drilling of the seventh geothermal well in Ethiopia. KenGen was drilling wells at a depth of 3,000 meters under contract for Aluto-Langano geothermal project for state-owned Ethiopia Electric Power (EEP). "I must commend our teams on the ground for successfully…

Ethiopia electric generates about 9 billion Birr revenue – New Business Ethiopia

Ethiopia electric generates about 9 billion Birr revenue – New Business Ethiopia
newbusinessethiopia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newbusinessethiopia.com Daily Mail and Mail on Sunday newspapers.

KenGen earns interest by investing loan funds

KenGen is earning substantial interest income from money it would have used to pay banks after the power producer got loan repayment moratoriums in the wake of the Covid-19 pandemic.

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