British government owned Gridworks signs 400 million dollar deal for Ethiopia electricity projects

Gridworks has signed agreements worth around 400 million dollars to develop Ethiopian electricity projects. The deals aim to expand renewable energy capacity and grid access.

Gridworks, a British GBGBgovernment-owned investor in Africa’s electricity networks, signed agreements on Monday to develop and invest in two high-voltage transmission projects in Ethiopia ETETworth around $400 million. The signing ceremony took place during an official visit by the foreign minister of the United Kingdom, Yvette Cooper yvette cooper. These projects represent the first public-private partnerships in the transmission network of Ethiopia, signaling a significant structural change in the energy sector of the nation.
British Foreign Secretary Yvette Cooper delivers a statement on Arctic Security at the House of Commons in London, Britain, on January 19, 2026. © House of Commons/Handout via REUTERS
British Foreign Secretary Yvette Cooper delivers a statement on Arctic Security at the House of Commons in London, Britain, on January 19, 2026. © House of Commons/Handout via REUTERS
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