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SouthWest Energy is on the verge of clinching two blocks in Ethiopia and has made some progress in its other acreage

SouthWest Energy is on the verge of clinching two blocks in Ethiopia and has made some progress in its other acreage. The Hong Kong-registered company run by Ethiopian chairman and chief executive Tewodros Ashenafi is in the final stages

Ethiopia lacks a nationwide transmission and distribution network, especially in the rural areas where 85% of the population live.

The self-proclaimed water tower of Africa has made advances in developing its hydroelectric-driven industry, adding to generation capacity and strengthening regional interconnections.

Ethiopia has staunchly defended its ambitious five-year growth and transformation plan following suggestions that the levels of debt it involves may not be sustainable, writes Michael Wooldridge

The government will fund a giant 5,250MW hydro project on the Abay River to be built by Salini at a cost of nearly $5bn, writes Michael Wooldridge

Ethiopia’s government has pre-empted plans by SouthWest Energy to take over blocks previously held by Malaysia’sPetronas and plans to offer them to other international companies. SouthWest, owned by Ethiopian TewodrosAshenafi, announced last October that it was taking over Petronas’ interests in five production-sharing agreements in theOgaden Basin. “We have agreed with Petronas officials amicably that there will be no transfer, and based on our agreement all the five blocks are now in the hands of Ethiopian government,” mines minister Sinkinesh Ejigu told reporters.

Overview. Universal Electricity Access Programme (UEAP) aims to increase access to 50% of population by 2010, from 17% at 05 launch; had reached 22% by Sep 07. A major network expansion: 2011-15

Tekeze 300MW HEP. Commissioned Nov 09. Underground power house contains 4X75MW Francis turbines. Project also includes 120km transmission line to Mekele and 230kV Tekeze substation, and 180-metre high and 10-metre wide arch dam in Tigray province.

Ethiopian Electric Power Corporation (EEPCo) has invited bids by 25 March for seven separate contracts as part of the country’s Electricity Transmission System Improvement Project (Etsip)

China’s Xinjiang Goldwind Science & Technology Company has won a contract to supply turbines to a 51MW wind farm being developed by HydroChina International Engineering Company in central Ethiopia

Africa Oil Corporation has snapped up Centric Energy Corporation, adding assets in Kenya and Mali to its growing portfolio, in a cash and shares deal valuing the company at C$60m

The African Development Bank’s concessional loans arm is considering a UA93.75m loan and UA58m grant for a project to improve the electricity transmission system

Ethiopian Electric Power Corporation (EEPCo) has signed a memorandum of understanding (MoU) with Nevada-based Terra Energy Developers for the engineering, procurement, and construction (EPC) of

Petronas is pulling out of Ethiopia, selling all its oil and gas interests to SouthWest Energy, the company formed by the Malaysians’ former local agent.