{"id":66331,"date":"2026-02-05T22:07:15","date_gmt":"2026-02-05T22:07:15","guid":{"rendered":"https:\/\/www.europesays.com\/africa\/66331\/"},"modified":"2026-02-05T22:07:15","modified_gmt":"2026-02-05T22:07:15","slug":"gridworks-signs-usd-400-million-transmission-deals-in-ethiopia-during-uk-foreign-ministers-visit","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/africa\/66331\/","title":{"rendered":"Gridworks Signs USD 400 Million Transmission Deals in Ethiopia During UK Foreign Minister\u2019s Visit"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" style=\"margin: 10px; float: left;\" src=\"https:\/\/www.europesays.com\/africa\/wp-content\/uploads\/2026\/02\/Electric_Grid.jpg\" alt=\"Electric Grid\" width=\"250\" height=\"141\"\/><\/p>\n<p>&#13;<\/p>\n<p>Gridworks, a British government-owned investor focused on Africa\u2019s electricity networks, has signed agreements to develop and invest in electricity transmission projects in Ethiopia valued at around USD 400 million.<\/p>\n<p>&#13;<br \/>\n &#13;<\/p>\n<p>The agreements were signed on Monday during a visit to Ethiopia by British Foreign Minister Yvette Cooper. The visit was part of the United Kingdom\u2019s broader engagement in the Horn of Africa, with a focus on economic initiatives linked to job creation.<\/p>\n<p>&#13;<\/p>\n<p>The two transmission projects represent Ethiopia\u2019s first public private partnership investments in the country\u2019s transmission network, as the government continues to introduce reforms aimed at attracting private sector participation in the state dominated economy.<\/p>\n<p>&#13;<\/p>\n<p>According to a joint statement issued by the Ethiopian and British governments, one of the projects will connect Ethiopia\u2019s Somali Region with the central and northeastern electricity grids. The second project will support the development of wind and solar energy plants in the northeast and strengthen the electricity interconnection with neighbouring Djibouti.<\/p>\n<p>&#13;<\/p>\n<p>British Ambassador to Ethiopia Darren Welch said transmission infrastructure plays an important role in economic growth, job creation, and improving livelihoods, adding that the projects are expected to support Ethiopia\u2019s renewable energy development.<\/p>\n<p>&#13;<\/p>\n<p>Ethiopia\u2019s Finance Minister Ahmed Shide said the projects would improve the reliability of power supply and contribute to industrial growth. He also noted that the projects would help expand electrification, as nearly half of Ethiopian households are still not connected to the national grid.<\/p>\n<p>&#13;<\/p>\n<p>In addition, the UK said it would provide up to GBP 17.5 million (USD 23.91 million) in technical assistance through a program aimed at strengthening Ethiopia\u2019s public investment and asset management systems.<\/p>\n<p>&#13;<\/p>\n<p>Source: Reuters<\/p>\n","protected":false},"excerpt":{"rendered":"&#13; Gridworks, a British government-owned investor focused on Africa\u2019s electricity networks, has signed agreements to develop and invest&hellip;\n","protected":false},"author":2,"featured_media":66332,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[65,37759,38269],"class_list":{"0":"post-66331","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-ethiopia","8":"tag-ethiopia","9":"tag-gridworks","10":"tag-power-transmission"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@africa\/116020304526773968","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/posts\/66331","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/comments?post=66331"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/posts\/66331\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/media\/66332"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/media?parent=66331"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/categories?post=66331"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/tags?post=66331"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}