NEWS: Two foreign banks apply to establish new banking operations in Ethiopia

NEWS: Addis Ababa approves restructuring of transport, licensing and public enterprise oversight

NEWS: Afreximbank plans $280 million in additional Djibouti infrastructure financing

NEWS: Ethiopia reportedly plans vehicle price ceilings from October 20

NEWS: Addis Ababa restricts showroom vehicle sales to licensed dealers

NEWS: Ethiopia approves shift from fuel-vehicle import ban to tariff controls

NEWS: TDB eyes Ethiopian fertilizer project, but financing and timeline remain undisclosed

NEWS: Ethiopia records USD 23m AfCFTA trade as tariff schedules lag

NEWS: MIDROC signs machinery deal for 1.25m-tonne Metekel gold plant

NEWS: Ethiopia cuts foreign homeownership threshold to USD 100,000 in three regions

Electric

China’s Golden Dragon Bus has delivered 100 electric buses to Ethiopia’s Belayneh Kindie Group (BKG)

Apr 11, 2025

Golden Dragon’s presence in the country has expanded steadily, with nearly 900 new energy buses now in operation across Ethiopia
Golden Dragon and BKG began constructing a seven-hectare assembly plant in 2019 and the facility was completed in 2023 and began producing electric bus kits in 2024