How is Ethiopia pursuing a green economy?

She emphasized that the country is actively pursuing a green economy by implementing extensive energy transition initiatives aimed at fulfilling its 2030 vision. She mentioned that the country's focus is on the solar energy sector, where Ethiopia is investing 300 million USD in a project aimed at generating 300 megawatts of solar energy.

Why should Ethiopia invest in solar energy?

As a signatory to the Paris Agreement, Ethiopia is committed to reducing greenhouse gas emissions and achieving carbon neutrality by 2030. The deployment of solar energy systems not only helps mitigate climate change but also supports the country's broader sustainable development objectives, including poverty alleviation, and economic resilience.

Will Ethiopia's largest hydro-electric dam straddling the Blue Nile help electrify the country?

The vastness of the building site was at first overwhelming for the young Ethiopian mechanical engineer. Hundreds were already digging the foundations in tough conditions for what is now Africa's largest hydro-electric dam, straddling the Blue Nile. The dam will help electrify the country as well as provide power to the region.

Can solar power transform Ethiopia's energy landscape?

Among these, solar energy emerges as a beacon of hope, poised to transform Ethiopia's energy landscape and drive socioeconomic development. Significantly, the country has relied heavily on hydropower, which accounts for more than 90% of its electricity generation.

Will Ethiopia's new dam improve online shopping?

There is a strong sense of pride in what Ethiopia has managed to accomplish with the completion of the dam. A 20-year-old university student, Yabsira Misganw, who was advertising a new online shopping mobile app, said the new dam “will provide stable electricity and improve online services.” ___

Will extra power help Ethiopia's bitcoin mining industry?

While the extra power will help the country’s burgeoning bitcoin mining industry, most rural Ethiopians may have to wait a little longer to benefit. Access to electricity in rural areas is often constrained by underdeveloped transmission networks.