Korenti, Agelegel Microfinance Ink EV Financing Deal

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Korenti, Agelegel Microfinance Ink EV Financing Deal

Jul 13 , 2025

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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 secure EVs through flexible financing starting this month.

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