Justice and Fairness.
Water is a natural resource. It's more valuable than oil and gas. Africa must benefit from the most precious water resource - the Nile.
#Ethiopia is the first country in the world to ban imports of non-Electric Vehicles (EV), since January 2024.
It’s now building an advanced EV charging infrastructure. The country has one of the world’s cheapest electricity costs per kWh. Almost 100% of Ethiopia’s energy is clean, green and renewable all sourced locally from hydro, solar, wind, etc.
Yesterday I visited a sleek new ultra fast charging station (video) capable of fully charging EVs within 15 minutes. It was installed by Ethiotelecom (the country’s largest telco), on the side of a newly rebuilt very modern ten-lane highway, in the capital city Addis Abeba. The entire charging process is efficient and hi-tech with payment via a mobile phone app.
A large number of new EVs can now be seen on Addis’s streets. The vast majority are Chinese such as BYD. There are also European and Japanese brands such as VW and Toyota but made in China. Have seen several Teslas including a Cybertruk.
An emerging market African economy showing the world the innovative future of EV transportation. Very impressive!
As the saying goes: Necessity is the mother of invention and innovation. In the case of Ethiopia, the innovative EV strategy was necessitated partly due to the fact that the country is a net oil importer to the tune of up to $6.0 billion annually and, in some years until recently, exceeding the country’s entire annual merchandise export FX earnings.
Thank GOD ❤️❤️❤️
Thank you and Blessing to Our 🇪🇹 Heroes who paid the ultimate price for our people peace and existence.
Thank you and Blessing to #Ethiopia's Leaders, The People and Friends.
Hallelujah!!!❤️❤️❤️
#PeaceWillPrevail.