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.

[ssba-buttons]

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...