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MOENCO Moves to Control BYD Ethiopia Presence


MOENCO Moves to Control BYD Ethiopia Presence

MOENCO, a subsidiary of Inchcape Plc, has partnered with BYD to become the official distributor of the latter’s electric and hybrid vehicles in Ethiopia. This is Inchcape's third partnership with BYD, as the company already distributes BYD vehicles in Singapore, Belgium and Luxembourg. MOENCO will begin offering the vehicles in December 2024. The company stated it will provide comprehensive sales and after-sales support, including warranty, genuine spare parts, and quality maintenance. Moenco, or the Motor & Engineering Company of Ethiopia Limited Sc, is a prominent automotive company established in 1959 and represents around 20 brands. BYD, short for Build Your Dreams, is a Chinese multinational company which sold over three million battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs) in 2023.

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Association Reports Largely Peaceful Vote, Flags Gender Gaps, Registration Issues

The Ethiopian Women Lawyers Association (EWLA) says the 7th National and Regional Elections held on June 1, 2026 were largely peaceful, orderly, and transparent, based on its preliminary monitoring report. Deploying 60 observers across 136 polling stations in nine regions and two city administrations, EWLA's Violence Against Women in Elections (VAW-E) mission found strong voter protection measures, with 92.5pc of stations prioritising pregnant women, nursing mothers, the elderly, and persons...


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ESL Prepares to Launch Full Digital Logistics Platform

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Ministry of Revenues Reports High Nuber of Digital Tax Payments

The Ministry of Revenues reported over 281 billion Br collected through its electronic payment platform in the first 10 months of 2026. Elsabeth Ashenafi said the record digital inflow reflects a steady shift of taxpayers from cash and cheque-based settlements to online systems, supported by ongoing reforms to improve compliance and reduce administrative bottlenecks. Officials attribute the growth to the efficiency and convenience of the e-payment system, which allows taxpayers to file and...