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EEP ends low-cost tariff for Cryptocurrency miners

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Ethiopian Electric Power (EEP) has ended its flat-rate electricity tariff for cryptocurrency mining, ending Ethiopia’s status as a low-cost hub for Bitcoin mining and forcing the industry to reassess profitability. The new pricing structure takes effect on December 1, 2025.

Under the previous rate of just 3.14 US cents per kilowatt-hour, Ethiopia attracted nearly 30 international mining firms, with an equal number awaiting licenses. The country quickly became a major player in the global Bitcoin network, contributing an estimated 7% to 10% of the world’s hashrate. Bitcoin miners now consume around 30% of Ethiopia’s total electricity output.

Last year, EEP earned roughly $220 million from supplying power to the mining sector, with projections reaching $312.5 million for the budget year ending June 2026. Some analysts forecast revenues could hit $500 million in the near future.

The new pricing replaces the flat rate with a two-tiered system: a Time-of-Use (TOU) Tariff and an Availability-Based Tariff (ABT). The baseline Daily Average rate starts at 4.00 US cents per kWh but jumps to 6.00 cents per kWh during peak hours (6:00 PM to 10:00 PM), representing a 91% increase compared to the old flat rate. The base rate will rise further to 6.50 cents per kWh by year three, a total increase of 107%. The ABT scheme links charges to grid availability, offering discounts during curtailment but introducing financial uncertainty.

Wondwosen Teshome, Director of Energy Trading and Marketing at EEP, said the overhaul is a “national necessity” driven by cost assessments, demands for financial sustainability, and grid reliability amid rising domestic consumption. He emphasized that subsidized power for miners is no longer viable.

The tariff change poses a significant challenge for miners as energy costs often make up 80% of their expenses. Success will depend on strategic energy use to avoid expensive peak rates.

While the government has not prioritized cryptocurrency investment, experts like Kal Kassa advocate closer cooperation. Kal proposes partnerships between EEP and miners on renewable energy projects to support sustainable growth.

The first billing under the new tariff will arrive in December 2025, ushering in a critical phase where only the most adaptive miners may thrive as Ethiopia continues expanding its footprint in the Bitcoin network.

Procurement Notice for Recruitment of Firm Level consultancy and ITB for Supply and Delivery of Calibration Instruments/System.

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No.PostCONTRACT TYPEPROCUREMENT REF. NO. Brief Job/Consultancy Description & Web-link for detailed advertSubmission deadline1ITB for Supply, Delivery, Installation, Configuring, and Training of Calibration InstrumentsICUNDP-ETH-00602https://procurement-notices.undp.org/view_negotiation.cfm?nego_id=3991510-Nov-252Recruitment of Firm Level Consultant for Designing Innovative Solutions for Effective Municipal Governance for Hawassa City.UNDP-ETH-00606https://procurement-notices.undp.org/view_negotiation.cfm?nego_id=3985004 November -Aug-25Important information on UNDP employment modalities* Individual Contract (IC): a procurement modality for individual consultancies. Applications of Technical and financial proposals will be submitted as per the instruction given for this Particular post in the above link. The use of UNDP’s name and logo without UNDP consent is inappropriate. UNDP strongly recommends that people who receive solicitations to apply for positions or engage in procurement processes exercise caution to ensure authenticity. UNDP advises the public that:UNDP does not charge a fee at any stage of its recruitment or procurement process. All information related to these processes is published on the national or global UNDP websites.UNDP does not request or issue personal bank checks, Money Grams, Western Union or any other type of money transfer at any stage of its procurement or recruitment processes.UNDP does not request any information related to bank accounts or other private information prior to formal registration as a vendor.UNDP does not offer prizes, awards, funds, certificates, scholarships or conduct lotteries through telephone, e-mail, mail or fax.Related queries can be sent through scam.alert.et@undp.org.

Invitation To Tenderfor the supply of outsourcing security guard service for Addis Ababa Country Office

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Tender Reference # – SCI-ET-2025-021SAVE THE CHILDREN INTERNATIONAL (SCI, Ethiopia) the world’s leading independent non-profit organization for children intends to prequalify suppliers and establish fixed framework agreement for three years with possible extension for the supply of outsourcing security guard service for Addis Ababa Country Office Facilities.Therefore, SCI ET CO wants to invite competent and reputable security guard company to provide service for different compounds located in Addis Ababa (office and warehouse) beginning from January 1st, 2026. Thus, interested companies are invited to submit their proposal to provide service for a period of three years, with the possibility of extension upon satisfactory performance and agreement of both parties (SCI and the service provider). The detailed criteria are included in the bid document.Tender document• Potential bidders may obtain tender documents against payment of a non-refundable amount of ETB 100 from SCI offices in Addis Ababa Country office starting from October 28, 2025, up to November 14, 2025, during working hours.Adress• Save the children Ethiopia Country Office, close to Meskel Square, near the Hyatt Regency Hotel.Bid Submission• Bid Security in the name of “Save the Children International” amounting to ETB 100,000 in the form of CPO or bank guarantee valid for a period of at least 3 months starting from the date of tender submission. The submission must be in a separate sealed envelope. (Cash and insurance bonds are not accepted)• Bidder technical proposal must be submitted in soft copy through the email address ethiopia.bidsubm@savethechildren.org. Bidder can submit their document up to November 17, 2025, cob. The subject of the email should be “SCI-ET-2025-021 Bidder Response – ‘Bidder Name’, ‘Date’’.• Bidder Financial proposal must be submitted in hard copy- sealed document to Save the children Ethiopia country office. Financial proposal submission date is November 17, 2025, cob.SCI reserves the right to accept or reject this bid, in partial, or in its entirety.

Invitation To Tenderfor the supply of Milking Goat in Afar region

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Tender Reference # – SCI-ET-2025-022Save the Children International (SCI) invites qualified and experienced suppliers to submit sealed bids for the supply and delivery of 4,638 goats (3,865 female milking goats and 773 male goats) for its EU-funded AICS project implemented in Afar Region (Afambo, Chifra, and Telalak woredas). The goats to be supplied must meet the technical requirements specified in the Bidding document, including age, breed, and health standards which will be verified by woreda and regional livestock experts. The awarded supplier will be carried out the goat supply in four delivery phases (in the three woredas) as detailed in the TOR.Mandatory Requirements:• Valid business license related to livestock supply.• Bid security of ETB 250,000 in the form of CPO or bank guarantee (valid for at least 3 months).• Proven work experience in supplying milking goats in Afar Region; at least three (3) work certificates/letters issued by regional bureau of Livestock and Fish Resource Development and/or international NGOs confirming successful delivery of similar goat procurements. (SCI has the right to validate the certificates/letter with the issuing entities).The detailed criteria are included in the bid document. Thus, interested companies are invited to submit their proposal to provide service.Tender document• Potential bidders may obtain tender documents against payment of a non-refundable amount of ETB 100 from SCI offices in Addis Ababa Country office or Semera FO starting from October 28, 2025, up to November 14, 2025, during working hours.Adress• Save the children Ethiopia Country Office, close to Meskel Square, near the Hyatt Regency Hotel orSemera Field office.Bid Submission• Bid Security in the name of “Save the Children International” amounting to ETB 250,000 submission must be in a separate sealed envelope.• Tenders must be submitted in two Separate sealed envelopes, Technical and financial, bearing an official company seal, and clearly marked by the “bidders’ name, address, and the tender reference number and title as stated above. The tender must be submitted in the bid box prepared for the purpose at SCI offices in Addis Ababa Country office or Semera FO on November 17, 2025, on or before 3:00 PM.SCI reserves the right to accept or reject this bid, in partial, or in its entirety.