After a decade of rapid growth, Ethiopia’s bubble is not bursting.
Dubbed the ‘African Lion’ by economists, Ethiopia is the home of booming industry, new infrastructure, and showpiece summits. It has become a powerful force in the region and beyond.
To maintain this golden age, the East African state is pressing ahead with ambitious development plans, and renewable energy is core to the mission.
Ethiopia was among the most daring signatories to the Paris Agreement on climate change, committing to cut carbon emissions by 64% by 2030. The government has ploughed billions of dollars into hydropower megaprojects such as the Grand Renaissance Dam — which will be the largest dam in Africa — and the freshly-inaugurated Gibe III Dam.
The next target is to become the wind power capital of Africa.