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Posted: 08 Jun 2024, 09:05
Ethiopia’s transition to green mobility encounters headwinds amid economic slowdown
THE NEWS
ADDIS ABABA — Ethiopia inaugurated its biggest electric vehicle factory in Debre Berhan in the Amhara region on Tuesday, as part of an ambitious strategy to turn the country into a leading player in green mobility on the continent.
But this latest development comes as the Ethiopian government faces economic challenges and limited financial capacity that has delayed the completion of government priority projects scattered around the country. This includes the $5 billion Grand Renaissance Dam, which would help upgrade the electricity network needed to power a rising influx of EVs.
https://www.semafor.com/article/06/06/2 ... c-slowdown
THE NEWS
ADDIS ABABA — Ethiopia inaugurated its biggest electric vehicle factory in Debre Berhan in the Amhara region on Tuesday, as part of an ambitious strategy to turn the country into a leading player in green mobility on the continent.
But this latest development comes as the Ethiopian government faces economic challenges and limited financial capacity that has delayed the completion of government priority projects scattered around the country. This includes the $5 billion Grand Renaissance Dam, which would help upgrade the electricity network needed to power a rising influx of EVs.
https://www.semafor.com/article/06/06/2 ... c-slowdown