Ethiopia's tallest Man Berhe visit to the capital of Ethiopia Addis Ababa

Ethiopia's tallest Man Berhe visit to the capital of Ethiopia Addis Ababa

"Oil prices cost Ethiopia 10 billion birr in just one month" - Tadesse Halle Mariam

Global oil prices plummet 10 billion birr in just one month due to Russia-Ukraine war

Ethiopian Petroleum Corporation; Oil prices have risen from $ 60 a barrel to $ 140 a barrel, and Ethiopia has spent an additional 10 billion birr.

Enterprise CEO Tadesse Hailemariam in an interview with The Reporter: He said the rise in international oil prices, like other countries, is costing Ethiopia dearly.

He said it caused her to lose 10 billion birr in one month and that this was a big loss.

"It has also pushed up its monthly fuel costs to $ 250 million," Tadesse said, noting that the government is covering the gap and selling oil at the lowest price in the world.

Tadesse recalled that the rise in oil prices is being challenged by rich countries as well.

According to Tadesse, the price of a liter of petrol should have been 76 birr per liter if Ethiopia were to be marketed according to the current import price of petrol.

An electric 3 wheeler produced in Ethiopia.

#Ethiopia | Debre Berhan town electrician Bajaj with a capacity of 4 people has been developed by an entrepreneur.

According to the manufacturer of the vehicle, Mekdim Hailu, the three-wheeler is made from a combination of in-country inputs.

The three-wheeler, designed by their workshop shop ÷ can be charged at any electric charger for 3 hours and travel at 40 km / h.

He said the electric-powered tricycle has a capacity of 4 people, including the driver.

The vehicle can be used as a taxi service in the city, but the tires are made differently than the old badges so that it can work on gravel roads without any problems, he explained.

He said the three-wheeler could be sold for 160,000 birr if it is put on the market.

He said the current generation of petrol-powered vehicles is costly in terms of service life, but the biggest advantage of the electric vehicle is that it can be charged at any 3 hour charge and significantly reduce the cost of operation.

According to information received from the North Shoa Zone Administration, they plan to expand their innovation and benefit the community in collaboration with other stakeholders.

Source: The Reporter