Economy Events Local 2025-11-06T22:08:42+00:00

Ethiopia Launches Hydropower Mining Facility

Phoenix Group and Ethiopian Electric Power launch a 30 MW mining plant in Addis Ababa, boosting the regional economy.


Ethiopia Launches Hydropower Mining Facility

Phoenix Group, in partnership with Ethiopian Electric Power, announced on Thursday the launch of a 30-megawatt hydropower-supported mining facility at the Poly Limi industrial complex in Addis Ababa, Ethiopia. This marks a significant milestone for the country's energy infrastructure and provides a sustainable power source for the mining sector. The new facility is expected to boost economic growth and create job opportunities in the region.

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