environmentalIATI

Power Sector Reform, Investment and Modernization in Ethiopia (PRIME-1)

by World BankAddis Ababa, Ethiopia

Imported from IATI · publisher data as of Oct 3, 2026

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Budget

$989,878,061

Timeline

Mar 26, 2024 – Aug 30, 2030

About this project

The Power Sector Reform, Investment and Modernization in Ethiopia (PRIME) MPA program will support a medium-term transition of the electricity sector towards universal access, reliable supply, utility financial sustainability, increased private investments, and a climate resilient diversified generation mix. This transition will be underpinned by structural reforms that will encompass a gradual segregation of the competitive segments of the sector from the monopolistic segments to enable increased private participation under a competitive market regime. In parallel, the program will pursue operational reforms that will enhance utility financial sustainability through timely adjustment of tariffs, greater energy accountability, efficient investment planning, improved collections, reduced losses, and modernization of systems. This medium-term reform transition will be achieved through upfront adoption of a reform mandate by the Government, time-bound reform actions intertwined with investment support, and institutional capacity building to support the preparation and implementation of specific reform actions.Using a multi-phase approach, the PRIME program will support investments in expansion and strengthening of the electricity network to facilitate accelerated expansion of electricity access with improved reliability of supply. The program will also enable private sector investments in non-hydro renewable energy generation. The network strengthening investments under the PRI…

Published details

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Published by
World Bank · Multilateral
Countries
Ethiopia
Sectors
Electric power transmission and distribution (isolated mini-grids)Multi-hazard response preparednessGeothermal energy
Places
Addis Ababa
Funded by
International Development Association
Implemented by
Ethiopia Electric Power
Accountable
Federal Democratic Republic of Ethiopia
Passes funds through
International Development Association

Published by World Bank to the International Aid Transparency Initiative (IATI), last updated 3 Oct 2026 and imported automatically. IATI identifier: 44000-P176731.

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