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Erudite AfricaCenter of Excellence
← Sector-Specific Analysis and Modeling

Energy, infrastructure and mining models

Module 04 / 5 · 65 min

Model independent power producers from capacity, capacity factor and the PPA tariff, link to project finance metrics, assess the offtaker and indexation, and adapt the logic to mining.

In this module you will learn to

  • Read the Ethiopian power sector's legal and PPP framework for its effect on project returns
  • Build energy yield and revenue from capacity, capacity factor and tariff, and compare energy and availability payments
  • Link the operating model to CFADS, DSCR and equity returns, with tariff indexation and FX
  • Assess offtaker payment risk and the structure of a mining model

Built on

  • Erudite Africa course specification: 3.i Sector-Specific Analysis and Modeling, Levels 1 and 2 (October 2026)
  • Erudite Africa Ethiopian-context programme overview and legal register (October 2026)
  • NBE directives as listed in the lessons: SBB/90/2024, SBB/92/2024, SBB/95/2025, NBE/INT/13/2026, FXD/01/2024, FXD/04/2026, ONPS/09/2023 (reported), and the MPC No. 7 press release (July 2026)
  • Ethiopian laws and directives: Investment Proclamation No. 1180/2020, PPP Proclamation No. 1076/2018 and Directives No. 1067/2025 and 242/2013 E.C., SEZ Proclamation No. 1322/2024 and Directive No. 1083/2025, Investment Incentives Directive No. 1064/2025, Excise Directive No. 1007/2024; Proclamations No. 1148/2019, 810/2013 and 678/2010 as reported
  • World Bank: Ethiopia Telecom Market Assessment, Review of Industrial Parks in Ethiopia, Macro Poverty Outlook (April 2026) and Country Economic Memorandum

Examples and companies are fictional. Bank practices are shown as typical Ethiopian practice, not as any one bank's policy. Always apply your own institution's approved policy and the current NBE directives.