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

Diesel/Gasoline

Ethiopia to set time to phase out aging cars

Nov 10, 2025

They are examining replacement or conversion options, including electric or natural gas-powered alternatives, but the plan still requires final approval.
Replacing vehicles older than five years is suspected to be one of the options under consideration
potential role of Compressed Natural Gas (CNG) is also considered
the number of EVs in Ethiopia could reach 1.15 million by 2040