Sectors - Energy

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Given that one of Ethiopia's national symbols is the the majestic and enormous Blue Nile gorge, it is a disappointment that only one percent of the potential hydroelectric power of the country is utilized. Assuming that there are no major national security concerns (such as a potential disagreement with Sudan or Egypt over the usage of the Nile River), hydroelectric power generation is one of the most luring investment opportunities.

Other than its untapped hydroelectric power source, Ethiopia is heavily dependent on imported oil for its energy usage; fuel & energy imports account for approximately 16% of total imports in 1998.