• Ethiopia
Where the impacts of the investment may be experienced.
Specific Location
Addis Ababa, surrounding towns
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • African Development Bank (AFDB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Bank Risk Rating
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Nov 22, 2017
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
The holder of the loan, grant, or other investment.
  • Energy
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 52.36 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 111.92 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Bank Documents
Primary Source

Original disclosure @ AFDB website

Updated in EWS Feb 26, 2020

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Project Description

The project will cover the capital Addis Ababa & surrounding areas targeting estimated population of 4.5 million inhabitants.

The main socio-economic impact of the proposed project is the upgrade and expansion of the transmission & distribution network in Addis Ababa and its surroundings
to meet growing demand of city.
The project aims to:

  • ensuring acceptable quality and reliability of electricity supply for housing development, new commercial and industrial centers, the new light rail system and development of small and medium e businesses. 

  • improve and strengthen power supply to the surrounding urban areas where power shortages (due to electricity supply network limitation) have affected the provision of vital social services, including health delivery and water supply.

  • increase the supply capacity and reduce system power losses thereby enabling the regular supply of electricity to households, enterprises, social services as well as government facilities. This will contribute to improving access rates, economic growth and the living conditions for the population.

(Source: from disclosure).

Investment Description
  • African Development Bank (AFDB)

Total cost: 154390000
Currency: UAC

Source(s) of financing
ADF: 72230000
Cofinanced: 66850000
Government: 15210000

Contact Information

Task Manager: ABIYEHOY Girma Mekuria, RDGE1 / no contact details provided at the time of disclosure


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