Ethiopia and ATIDI Sign MoU to Boost Renewable Energy Investments
Ethiopia signed a memorandum of understanding with ATIDI on February 19, 2025, to enhance renewable energy investments. The agreement provides access to ATIDI's Regional Liquidity Support Facility, which aims to support independent power producers and public-private partnerships by reducing financial risks.
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The MoU between Ethiopia's Ministry of Finance, Ethiopian Electric Power, and ATIDI was established to foster renewable energy investment. Access to the Regional Liquidity Support Facility will help mitigate financial risks by ensuring timely payments from state-owned utilities.
Ethiopia is among eleven countries leveraging this facility, which has facilitated investments totaling USD373.1 million and contributed 181.95 MW of renewable capacity in Africa. This initiative supports Ethiopia's Homegrown Economic Reform Agenda, which seeks to diversify energy sources beyond hydropower and improve the overall investment climate.
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