Ethiopia received 2.2 billion euros in energy finance from the EU over the period, making it the eight largest recipient on the continent. Other African countries received considerably more, according to the European Financial Flows to SDG 7 in Africa report. Egypt leads with 6.3 billion euros, followed by Nigeria at 5.1 billion euros, South Africa (4.9 billion), Morocco (4.1 billion), and Kenya (3.9 billion). Over the same period, Beijing poured over 15 billion euros into Angolan energy infrastructure, another 5.4 billion in South Africa, and 2.3 billion each to Zambia and Nigeria. Chinese energy financing in Ethiopia amounted to 0.8 billion euros in the decade leading up to 2023, according to the report.

Source: Ethiopian News April 11, 2026 13:18 UTC