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Ethiopia Boosts Fuel Supply with $175 Million Injection from Central Bank

Ethiopia Boosts Fuel Supply with $175 Million Injection from Central Bank
8 months ago

It appears to be a key effort towards the stabilization and sustainment of its supply of energy that it has emerged that the central bank of Ethiopia has just approved $175 million for fuel importation. This is an investment important to Ethiopia financially, being a country highly dependent on imported fuel to meet all its domestic energy needs. The decision comes at a time when the country struggles to put in place measures geared toward strengthening the nation's energy infrastructures and ensuring adequate fuel supply at all times.

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