Energy finance in Ethiopia
Ethiopia has 10 active World Bank energy projects, with $2.08 billion committed, the 5th largest of 102 countries. 56.6% of its people had electricity in 2024.
- Committed
- $2.08bn
- Projects
- 10
- Per person
- $15
- Electricity access
- 56.6%
- Without electricity
- 59 million
Active projects
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To strengthen and extend the electricity network and enable renewable energy generation.
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The development objective is to increase access to reliable electricity for households, social institutions, and enterprises in Ethiopia.
- Ethiopia Electrification Program (ELEAP)$375 million
The development objective is to increase access to electricity in Ethiopia and to enhance institutional capacity for planning and implementation of the Government's electrification program.
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The development objective is to increase access to electricity in Ethiopia and to enhance institutional capacity for planning and implementation of the Government's electrification program.
- Enrep Additional Financing$205 million
The Development Objectives of the Electricity Network Reinforcement and Expansion Project are to improve reliability of the electricity network and to increase access to electricity services in Ethiopia.
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The Development Objectives of the Electricity Network Reinforcement and Expansion Project are to improve reliability of the electricity network and to increase access to electricity services in Ethiopia.
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The Development Objectives of the Electricity Network Reinforcement and Expansion Project are to improve reliability of the electricity network and to increase access to electricity services in Ethiopia.
- Renewable Energy Guarantees Program$10 million
The PDO for REGREP Phase 1 is to increase renewable energy generation capacity t hrough private sector participation in Ethiopia.
- ET Clean Cooking Energy Program$9 million
The Development Objectives of the Electricity Network Reinforcement and Expansion Project are to improve reliability of the electricity network and to increase access to electricity services in Ethiopia.
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The Proposed Development Objective of the grant is to build the capacity of DBE to manage and coordinate carbon finance activities.
Source: World Bank Group, updated 22 Oct 2026.
Who else finances energy in Africa
- World Bank (IBRD and IDA)Loans, credits and grants to governments for generation, transmission, distribution and access. Co-leads Mission 300 with the African Development Bank, which aims to connect 300 million Africans to electricity by 2030.
- IFCEquity and loans for private power producers, utilities and off-grid companies; the World Bank Group’s private-sector arm.
- MIGAPolitical-risk insurance and credit enhancement that make cross-border energy investments bankable.
- AfDBSovereign and private loans across Africa’s power sector, including Desert to Power; co-leads Mission 300.
- SEFAGrants and concessional finance for project preparation, mini-grids, clean cooking and green baseload, managed by the African Development Bank.
- OPEC FundPublic- and private-sector loans and grants in developing countries, with energy among its core sectors.
- IsDBSharia-compliant finance for power, renewables and energy access in its member countries.
- AfreximbankTrade and project finance across Africa, including oil, gas and power infrastructure.
- AFCEquity, debt and project development for African infrastructure, with power one of its largest sectors.
- Africa50An infrastructure investment platform owned by African governments and the AfDB that develops and invests in power and transport projects.
- GCFGrants, concessional loans, equity and guarantees for low-emission and climate-resilient projects, through accredited entities.
- CIFConcessional finance, delivered through the multilateral banks, for clean technology, renewables in low-income countries and coal transition.
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