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5 Cents Kagnew Station; Oasis Club
| Issuer | Oasis Club, Kagnew Station |
|---|---|
| Year | 1952-1977 |
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| Shape | Rectangular |
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| Obverse description | Black letterpress print on green paper. Issuer name and location in bold serif capitals occupy the left field, with the denomination numeral in a double-ruled rectangular cartouche at right. A red serial number appears in the lower centre, with the warning legend in smaller type at lower left. |
|---|---|
| Obverse lettering | OASIS CLUB ASMARA, ERITREA ETHIOPIA NOT GOOD IF DETACHED 5 CENTS |
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| Comments |
Kagnew Station, near Asmara, was a U.S. Army signals intelligence installation — one of the most strategically sensitive in Africa during the Cold War. The Oasis Club scrip circulated exclusively on base, a closed monetary system designed to keep dollars out of the local Ethiopian economy and to manage on-post spending through the club system. These small-denomination notes saw decades of hard daily use in a canteen environment, which means genuinely worn examples are the rule, not the exception.
The station closed in 1977 following the Derg regime's deteriorating relationship with Washington after the Ethiopian revolution.