Infrastructure

Ethiopia to Electrify Djibouti Trade Corridor with Multi-Million-Dollar EV Plan

Capital Ethiopia · 4 hours ago · Read the Full Story on Capital Ethiopia

AI SUMMARY

Ethiopia has partnered with three Chinese companies to conduct a feasibility study for a multi-million-dollar electric vehicle charging network along the strategic trade corridor linking the country to Djibouti.

Ethiopia is preparing to electrify its trade corridor with Djibouti through a multi-million-dollar electric vehicle infrastructure project.
The Ethiopian Electric Utility signed agreements with Huawei Technologies, Beijing Forever Technology, and China Road and Bridge Corporation to conduct a feasibility study for the project.
The initiative focuses primarily on heavy-duty electric trucks transporting imports and exports between industrial hubs and the Port of Djibouti.
The feasibility study will evaluate required power infrastructure, transmission lines, substations, and optimal charging station locations.
The project is expected to involve cross-border cooperation with Djibouti, including at least one charging station on the Djiboutian side.
The feasibility study is scheduled for completion within six months.
Total project costs are expected to reach millions of dollars, with financing options including financial institutions, banks, and utility revenues.
Ethiopia inaugurated 11 additional charging stations across several cities, bringing the active national network to 14 stations serving about 150 vehicles simultaneously.
The utility previously procured equipment for approximately 40 charging stations at an estimated cost of $10 million USD, with more than 10 additional facilities currently under construction.
Electric vehicle charging costs between 700 and 1,000 birr compared to 4,000 to 5,000 birr for fuel on equivalent routes, with tariffs starting at 14 birr per kilowatt-hour.
The EV infrastructure expansion supports Ethiopia's preparations to host the 32nd United Nations Climate Change Conference in Addis Ababa in 2027.

Read the Full Story on Capital Ethiopia

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