Bitcoin
Bitcoin mining set to power Ethiopia’s energy expansion
Ethiopia just inaugurated Africa’s largest dam, doubling power output — but still lacks the funds to deliver universal electricity access.
Sep 15, 2025
Ethiopia's bitcoin mining dilemma
6 storiesActive
Ethiopia's complex relationship with Bitcoin mining as an economic lifeline — earning $55 million from cheap hydroelectric power while halting new permits after reaching grid capacity, balancing foreign currency revenue against electrification for the 55% of Ethiopians still without power.
Regulation
Ethiopia halts new crypto mining permits as power capacity reaches limit
This comes after the East African nation generated $55 million from Bitcoin mining over a 10-month period in 2024, primarily through agreements with 25 mining companies.
Aug 14, 2025
Bitcoin
Power play: Bitcoin miners flock to Ethiopia for low-cost electricity
The East African country hopes to earn much-needed foreign exchange by providing electricity to these mining companies.
Feb 14, 2024
State of fiat
Ethiopia faces challenges as it integrates into BRICS
In December 2023, Ethiopia informed its bondholders that it would not be able to make a $33 million repayment on its $1 billion Eurobond loan.
Jan 25, 2024
State of fiat
Ethiopia gets $350 million World Bank financing for its digital ID project
$50 million comes as a grant from the World Bank’s International Development Association.
Jan 16, 2024
State of fiat
Ethiopia set to make an “unnecessary and unfortunate” default on Eurobond repayment
The country’s finance ministry is looking to restructure its Eurobond following recent success with restructuring the terms of its bilateral debt.
Dec 12, 2023