Development Bank of Ethiopia Launches Tender for Electric Vehicle Fleet

The Development Bank of Ethiopia (DBE) has launched a tender to acquire a fleet of electric and hybrid vehicles to replace conventional ones. The procurement includes 12 electric SUVs, one electric bus, two electric motorbikes, and three hybrid field vehicles, along with the installation and testing of seven charging stations.

This move aligns with the Ethiopian government's national electric mobility program and the restriction on importing petroleum-powered vehicles. While the bank has not disclosed a specific budget, estimates suggest the project could cost between 100 million and 150 million birr. Interested suppliers must submit their proposals by November 3, 2026.