City Transport Bureau Completes $16.5m Bus Procurement

Sep 10 , 2022


[ssba-buttons]

The Addis Abeba Transport Bureau has deployed 110 new buses acquired at a cost of over 16.5 million dollars for public transit as the capital continues to struggle with public transportation challenges. Operating under the state-owned Anbessa City Bus Services Enterprise, the buses were inaugurated during a ceremony held last week at Mesqel Square. Zhengzhou Yutong Bus Ltd, a Chinese manufacturer of commercial vehicles, supplied the buses. The buses were paid for through a loan secured from the World Bank. A shortage of vehicles and long queues at terminals and stations is common in the capital, where over 2.7 million residents are dependent on public transport. The Transport Bureau deploys no less than 8,000 minibuses and nearly 1,500 buses, including 425 operated by Sheger Mass Transportation Services Enterprise. The Anbessa City Bus Services Enterprise runs a fleet of 650 buses.


Radar

Milkii App Disburses 25 Million Br in Collateral-Free Loans in Two Months

Oromia Bank's new collateral-free digital lending app, Milkii, has disbursed 25 million Br in loans without requiring collateral. Of this, 16 million Br has already been repaid, generating 1.4 million Br in revenue within just two months. Developed in partnership with Quantum Technology PLC, the app plans to make lending more accessible and inclusive, aligning with Oromia Bank's contribution to the Digital Ethiopia initiative. According to a press release, Milkii promotes financial inclusi...


Radar

Ethiopia Partners with UK to Ease Shipping Bottlenecks

The Ethiopian Freight Forwarders & Shipping Agents Association (EFFSAA) and the British International Freight Association (BIFA) signed a memorandum of understanding (MoU) on May 27, 2025, at Hilton Hotel Addis Abeba, to address skills gaps, customs delays, and corridor inefficiencies in the freight and logistics sector. The partnership focuses on technical cooperation, training, and regulatory reform. With over 90pc of trade dependent on the Djibouti corridor, rising congestion, customs...


Radar

Education Authority Sanctions Mishqen College for Rule Violations

The Education & Training Authority has issued a decisive directive last week, mandating legal action against Mishqen College for persistently defying regulatory orders and unlawfully continuing to offer higher education services. Mishqen College had previously been licensed to conduct undergraduate distance learning programs across multiple regions from 2019 to 2022. However, after serious regulatory breaches, the institution was ordered to cease all instruction, complete pending academic...