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Petrol Company Plugs EV Charging Station


Petrol Company Plugs EV Charging Station

A pioneering fast electric car charging public station was inaugurated at TotalEnergies Airport Road (Bole Road) outlet last week. Sharla Abdulahi, director-general of the Ethiopian Petroleum & Energy Authority, Ambassador Rémi Marechaux, French Ambassador to Ethiopia, and Christophe Ferrand, managing director of TotalEnergies Marketing Ethiopia, attended the inauguration ceremony. The federal government has championed transitions to electric vehicles, reducing tariffs to nearly zero and promoting alternatives to internal combustion engines. A few months ago, Minister of Transport & Logistics Alemu Sime (PhD) announced before parliament a forthcoming ban on the import of gas-powered vehicles for personal use. Meanwhile, the import of electric vehicles has nearly doubled compared to three years ago, with 72 million dollars worth entering the country last year. Although there were close to 60 charging stations nationwide, the Ministry recently proposed a draft directive outlining conditions for constructing charging stations, including provisions that allow them to be built on the premises of fuel stations.

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Radar

Federal Prosecutors Accuse Public Officials, Contractors of Corruption, Alleged Illicit Fund Transfers

Federal prosecutors have filed corruption and money laundering charges against 11 defendants, including Nigstu Bogale, Coordinator of the Development Project for Response to the Impact of Refugees in the Horn of Africa at the Ministry of Agriculture, Biniyam Fantaye and Taye Habte, senior irrigation engineers involved in the Development Response to Displacement Impacts Project (DRDIP-II), as well as private individuals and construction company representatives. The case alleges losses and illicit...


Radar

EIH Transitions to New Headquarters as It Oversees Major State-Owned Enterprises

Ethiopian Investment Holdings (EIH) is relocating its headquarters from its current site on General Wingate Street. The former headquarters was located behind the Ministry of Industry and near Abrehot Library. The new office is expected to be on Mozambique Street, along the route from Mexico Square to Bulgaria Road. The building belongs to one of EIH's subsidiaries, and all departments are set to move there as interior design and finishing works continue. Under the leadership of Brook Taye...


Radar

Import Substitution Push Lifts Domestic Manufacturing, Industrial Recovery

A push for import substitution and industrial expansion has prioritised 96 strategic products for local manufacturing. The “Ethiopia Tamirt” initiative reports 4.85 billion dollars in savings, supported by trade fairs linking local producers to domestic and international markets. On average, 700 new projects enter the market annually, contributing to more than 2,800 investments over four years. At the grassroots level, 18,000 SMEs have been established, while 993 dormant factories have...