NEWS: Ethiopia cuts foreign homeownership threshold to USD 100,000 in three regions
NEWS: Ethiopia’s gold export earnings reach USD 5.65bn, up 61%
NEWS: Djibouti faces tighter debt controls amid $5.5bn infrastructure needs
NEWS: Ethiopia allocates Mojo site for Djibouti truck terminal after 25-year delay
NEWS: Ethiopia targets $1bn manufacturing exports after $607m fiscal-year result
NEWS: ESL Reviews Feeder Services and Rerouting as Red Sea Risks Rise
NEWS: Ethiopia Plans Vehicle Ownership Tax for 2027/28 Fiscal Year
NEWS: Ethiopia Clears Zijin’s USD 4bn Allied Gold Acquisition
NEWS: IMF Urges NBE Gold-Market Exit as Reserve Money Jumps 67%
NEWS: Ethiopia’s Capital Market Opens New Route Beyond Bank-Only Financing
Regulations - Transport

Domestic diesel vehicle assemblers said they are on the verge of shutting down their Assembling plants

Aug 04, 2025
Domestic diesel vehicle assemblers said they are on the verge of shutting down their Assembling plants
  • A recent memo from the Industry Minister to the central bank, Customs Commission, and the Transport and Finance ministries declares that components for the local assembly of combustion engine vehicles will no longer be allowed to enter the country.
  • the Ministry want to see Ethiopia’s fledgling vehicle assembly industry shift towards electric vehicles (EVs) and hybrids
  • Since the government enacted its ban on the import of combustion engine vehicles last year, the number of EVs on the country’s roads has surged, with a report from the Transport Ministry putting the total at more than 42,000 as of March 2025.