The economic significance of the Grand Ethiopian Renaissance Dam (GERD) to the Eastern Nile Economies: A CGE modeling approach

Ethiopian Economics Association (EEA)
Getachew Diriba (Phd), Tadele Ferede, Tewodros Negash (PhD)

Executive Summary

Ethiopia still has the second largest energy access deficit in Sub-Saharan Africa (after Nigeria), and the third in the world. 5 About 56 percent of Ethiopia’s population still do not have access to modern electricity (MoWIE, 2020). The completion of the Grand Ethiopian Renaissance Dam (GERD) is expected to improve access to electricity for the vast majority of the population as well as stimulate the economy and hence result in improved socioeconomic outcomes.