Automotive

Available, But Non-Drivable

Imported Cars

Addis Ababa, Ethiopia – As the Ethiopian economy sprints forwards at a fast rate – with annual growth of 10.5pc over the past decade, according to World Bank records – the demand for automobiles is witnessing a rapid rise. This has opened the window for the flourishing business of importing and retailing cars. Official data […]

New Association to Put Ethiopian Automotives on the Right Road

Rolf Gautschi (far left), general manager of Orbis Trading; Melkamu Assefa (left), the CEO of Marathon Motors; Abraham Abegaz (middle), CEO of Nyala Motors and Chris De Muynck (right), managing director of MOENCO (Photo: AddisFortune.net)

The new association, established with 14 members, will focus on improving the processes within the sector. By Fasika Tadesse Addis Ababa, Ethiopia – The Automotives and Machineries Importers & Assembly Sectoral Association was established with an official launching ceremony at the Sheraton Addis Hotel on Thursday, June 5, 2014. The Association was established with fourteen […]

Drivers development

Auto Fair

The 10th International Automotive Fair (IAF) opened on Wednesday, March 5, 2014, at the Addis Ababa Exhibition Centre. The trade fair, which has become an annual fixture for showcasing the latest trends in the automotive sector, is also celebrating its bronze jubilee. The fair, according to the organizers, is an international manifestation of different products […]

MIE launches new automobile model

MIE

Addis Ababa, Ethiopia – Mesfin Industrial Engineering (MIE) Plc inaugurated its second automobile in just a year after it launched its first GEELY car. MIE produced a car named “Addis” with a capacity of 1300 cc at its plant located in Mekelle last year, 783 Km north of Addis Ababa. Last Thursday, the engineering company […]

Investing beyond the horizon, tyre company upgrades

Horizon Addis Tyre

Addis Ababa, Ethiopia – Ethiopia’s only tyre manufacturer, Horizon Addis is spending 1.1 billion birr on a massive upgrade. The company is currently working with Continental Germany, the world’s number four tyre manufacturer, to transform its age old machines to world class ones. Horizon is installing a machine that can produce 80,000 pieces of light […]

Lifan Launches SUV X-60 Model in Ethiopia

Lifan SUV X-60

Addis Ababa, Ethiopia – Lifan launched its latest model assembled in Ethiopia, the SUV X-60. The new model will be the seventh to be introduced by the Chinese company in Ethiopia. Lifan has already sold 60 of the X-60 in the first weeks it’s been out according to sources within the company. The X-60 is a […]