Ethiopia Aims to Boost Clean Energy, Regional Power Exports

Addis Ababa — Ethiopia plans to expand its clean energy generation capacity and increase electricity export to countries across the East African Power Pool and beyond, President Taye Atske-Selassie said. Addressing the Annual Investment Meeting (AIM) in Dubai, President Taye identified clean energy as the first of five strategic investment priorities for Africa He described the endeavor as a critical driver of industrial transformation and sustainable economic growth. Keep up with the latest headlines on WhatsApp | LinkedIn He urged African countries to accelerate investment in solar, wind, geothermal and hydropower while diversifying their energy mix to meet the growing demands of industrialization. The president cited clean-energy developments in countries including Uganda, the Democratic Republic of Congo, Tanzania, Ghana and Kenya, stressing that expanded and reliable energy supplies are essential to Africa's industrial and economic transformation. For Ethiopia, he said, renewable energy represents far more than a source of electricity. "Clean energy is not simply a national asset but a foundation for rapid economic growth," President Taye said. President Taye said Ethiopia has an estimated 60,000 megawatts of renewable energy potential and is targeting 13,000 megawatts of generation capacity by 2030, with plans to expand electricity supplies across the East African Power Pool and beyond. The country also plans to expand electricity supplies to neighboring countries through the East African Power Pool and beyond, strengthening its role in regional energy integration. President Taye noted that Ethiopia's relatively affordable and reliable electricity supply is increasingly attracting investment in advanced digital infrastructure. Nearly 1,000 megawatts has been allocated to data-center and mining enterprises, he said, underscoring the growing link between renewable energy, digital infrastructure and technology investment. Beyond energy, the president outlined agriculture, critical minerals, infrastructure and strategic corridors, and human capital as four additional priorities for Africa's investment and economic transformation. He highlighted Ethiopia's transformation from a net wheat importer into Africa's largest wheat producer, attributing the progress to expanded irrigation, improved agricultural technologies and the adoption of heat-resistant seed varieties. Get the latest in African news delivered straight to your inbox By submitting above, you agree to our privacy policy . We need to confirm your email address. To complete the process, please follow the instructions in the email we just sent you. There was a problem processing your submission. Please try again later. He also pointed to Ethiopia's growing production of coffee, avocado, sesame and livestock, emphasizing opportunities in agro-processing, value addition and exports. On critical minerals, President Taye called for greater African ownership and value creation from the continent's abundant resources, including gold, lithium, cobalt and iron ore. He cited Ethiopia's position as the world's sixth-largest tantalum producer and stressed that mineral development should be sustainable, inclusive and structured to ensure greater benefits for resource-producing countries. Infrastructure and strategic corridors, he said, are equally critical to Africa's economic integration, particularly as the continent seeks to strengthen physical and digital connectivity. President Taye highlighted Ethiopian Airlines as a major connectivity platform and pointed to Ethiopia's 12.5 billion USD Bishoftu International Airport, currently under construction, which is expected to handle up to 110 million passengers and about four million tonnes of cargo annually. Such investments, he said, can strengthen Africa's trade, logistics, tourism and investment links with global markets. Human capital was identified as the fifth priority, with President Taye urging African countries to t