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Belayneh Kindie ventures into Ethiopia’s electric mobility space with 100 e-buses

Summary by Billionaires.Africa
Key PointsBelayneh Kindie’s group unveiled 100 electric buses, locally assembled with Chinese components, now operating on BRT routes to improve urban mobility in Addis Ababa.The new EV fleet aligns with Ethiopia’s ambitious policy to replace 95% of fuel vehicles by 2035 and scale to 500,000 electric vehicles nationwide.From trading honey to building a multi-sector empire, Kindie now leads one of Ethiopia’s largest private groups, employing over…
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Billionaires.Africa broke the news in on Friday, April 4, 2025.
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