Meter Taxis Meet Digital Advertisement

Nov 12 , 2022


[ssba-buttons]

Digital advertising on ride-hailing vehicles was officially launched at the Sheraton Addis last week after a pilot program by MBY Ethiopia. Established two years ago, MBY Ethiopia provides software solutions and marketing services. The software vendor has proposed an advertising service for companies with a list of clients, such as Ethiopian Airlines, as well as banks like Dashen, Awash, Tsehay, and Zemen, among 18 companies. It plans to expand its businesses to 5,000 taxis and public transport services. The software company plans to install LCD digital information boards in health centres. Partnering with Zé-Lucy Meter Taxi, a general trading and ride-hailing service company formed by the association of 18 companies, close to 250 green and yellow taxies have been dispatched. The LCDs are installed on the back of the two front seats inside the meter taxis. The State Minister for Innovation & Technology, Huria Ali applauded the move and said that her Ministry is formulating policies to regulate the technology sector.


Radar

Korenti, Agelegel Microfinance Ink EV Financing Deal

Korenti Auto Trading PLC has signed a strategic agreement with Agelegel Microfinance to provide accessible financing options for electric vehicle (EV) buyers. The partnership seeks to ease EV ownership by offering fair pricing and loan packages with affordable rates. The initiative supports Ethiopia's push for clean transport and aligns with national sustainability goals. Korenti's managing director said the move reflects the company's commitment to expanding electric mobility. Customers can now...


Radar

NBE Leads Week-Long Bank Supervision Application Forum

The National Bank of Ethiopia (NBE) is hosting a week-long Bank Supervision Application (BSA) User Group meeting that began on July 7, 2025. The BSA system, developed by a pan-African consortium of central banks including the NBE, automates supervisory work for financial regulators. NBE will take over the rotating BSA chairmanship in September. Opening the session, Frezer Ayalew, Director of Bank Supervision, stressed the need for modern tools to handle growing regulatory demands amid cyberse...


Radar

Six Fuel Companies Banned, Seven Warned, Authority Noted Illicit Activity

The Ethiopian Petroleum & Energy Authority has taken disciplinary action against 13 fuel distribution companies for illegally trading 2.8 million litres of fuel outside the digital system in the past two months. Six firms face a one-month suspension from the fuel import and trading market, while seven others received final warnings and must rectify their operations within a month. Director General Destawe Mekwanant (PhD) said the companies failed to monitor fuel stations and ensure proper...