Why is EV development important in Ethiopia?

Supporting the domestic development of EVs is crucial to Ethiopia's strategic goals after it last year became the first country in the world to ban all imports of fuel-powered vehicles. Measured by power generation capacity, the GERD is the 15th biggest hydro-electric dam in the world.

Will Ethiopia get electricity from a dam?

“I am proud to announce we will soon be signing an agreement with the government of Ethiopia to receive electricity from the dam that will benefit our hospitals and schools,” said South Sudan’s President Salva Kiir.

Should Africa start importing electricity from Ethiopia?

Dozens of African nations, including Kenya, Tanzania and South Sudan, have expressed interest in starting or scaling up electricity imports from Ethiopia following the mega dam launch. Countries lying downstream, however, do not share the same optimism.

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.” ___

How many people in Ethiopia lack electricity?

Around 45 per cent of Ethiopia's 130 million people lack electricity, according to World Bank data, and frequent blackouts in the capital Addis Ababa force businesses and households to rely on generators. Ethiopia's PM Abiy Ahmed said the construction of the dam represented a remarkable feat. (Reuters: Tiksa Negeri)

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.