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BYD Launches with Vehicle, Battery Warranty


BYD Launches with Vehicle, Battery Warranty

Moenco, the official distributor of BYD in Ethiopia officially launched its showroom offering a six-year or 150,000km vehicle warranty and an eight-year battery warranty. Located around Megenagna, Moenco launched a variety of electric and hybrid vehicles alongside maintenance services by BYD-trained technicians and spare parts supply. Ramy Yao, BYD Africa Sales Director, stated that Ethiopia's electrification goals and Moenco's expertise align perfectly with BYD's vision for electric mobility leadership in the country. Inchcape Africa's, the parent company of Moenco, Managing Director, Francis Agbonlahor added that his company has entered into a strategic brand partnership with BYD with the new showroom. Inchcape's partnership with BYD extends to Belgium and Luxembourg, Estonia, and Singapore, making this their fourth agreement.

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Parliament Receives $237m Development Loan Package

The Council of Ministers forwarded two concessional loan agreements totalling 237.3 million dollars to Parliament for ratification, targeting rural infrastructure and food security. The package includes 46.3 million dollars from the African Development Bank (AfDB) for climate-resilient infrastructure in pastoralist regions. A second credit facility of 191 million dollars (146.1 million SDR) from the International Development Association (IDA) is earmarked for the sixth phase of the Productive Sa...


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MoTRI to Overhaul Consumer Protection Rules Following Cabinet Approval of Trade Policy

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Regional Power Exports Yield $366m as Capacity Hits 9.6GW

Ethiopian Electric Power (EEP) generated 365.99 million dollars from regional exports in the first nine months of the fiscal year as national capacity reached 9,579MW. The revenue followed the sale of 24,940GWh, representing 91pc of gross generation. Hydropower remains dominant, providing 9,500MW. To diversify assets and mitigate climate risks, the utility integrated the 100MW Asela Wind Power Project. The transmission network has expanded to 148,600km to secure domestic industrial supply and...