PHANTOM PUMPS


PHANTOM PUMPS

While modern fuel stations with glass partitions are appearing in Addis Abeba, a contrasting reality that suspends fuel supply to new stations unfolds, citing national policy to reduce fuel imports and promote electric vehicle adoption. According to Ethiopian Petroleum Supply Enterprise (EPSE), this comes as the country intends to decrease fuel import expenditure by four percent this year, and transition to electric vehicles. The policy, which includes a ban on petroleum vehicle imports and reduced EV taxes, has nearly doubled EV imports, reaching 72 million dollars in 2022/23.


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CORDIAL CONNECT

Finance Minister Ahmed Shide and IMF Managing Director Kristalina Georgieva shared a friendly moment during her recent visit to the Ministry. Her first visit since last year's IMF-backed economic reforms, Georgieva discussed progress with officials and also explored Addis Abeba's new tourist attractions and IMF-funded social projects...


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RUST REVIVAL

Kazanchis, one of the older districts in Addis Abeba, holds on to these derelict and stripped-down cars that once traversed its inner streets. Now surrounded by tall corrugated sheets, the cars evoke a feeling of a past time when they were functional and valued. They now sit amidst redevelopment plans including the building of 20,000 housing units and 2,000 commercial spaces, just a stone's throw away...


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POLE POSITION

Ethiopia Electric Utility's medium-sized, burgundy Toyota pickup truck drives around Gurd Shola carrying wooden poles previously used to hold transmission lines. Such poles are constantly being replaced by their concrete versions, which offer greater stability and resilience, reducing the risk of electricity disruptions...