Business
Commercial Bank of Ethiopia Moves into EV Charging Infrastructure
BirrMetrics · 2 hours ago · Read the Full Story on BirrMetrics
AI SUMMARY
The Commercial Bank of Ethiopia is seeking suppliers for 32 direct-current fast chargers in a procurement estimated to cost between 43 million and 89 million birr.
- The Commercial Bank of Ethiopia is planning to acquire 32 direct-current fast chargers for electric vehicles.
- The procurement is estimated to cost between 43 million and 89 million birr based on indicative international prices, assuming capacities of 60 to 120 kilowatts and an exchange rate of 160 birr per US dollar.
- The acquisition was announced on October 12 under Bid Reference No. 12/2026/27.
- The preliminary estimate excludes installation costs and major electrical infrastructure upgrades.
- The bank requires bidders to provide a bid security of two million birr.
- Proposals are due by 10 a.m. on November 10, with the opening scheduled for 10:30 a.m. the same day.
- The bank has not disclosed whether the equipment will be used for its own fleet, installed at selected branches, or made accessible to the public.
- The procurement specifies delivery to the bank's warehouse without identifying specific installation sites.
Related
Dashen Bank and ShebaMiles Launch Platinum Mastercard
BirrMetrics · 4 hours ago
ESX Expands Trading Network to Nine as Prize Worth Investment Bank Joins
BirrMetrics · 3 hours ago
Barclays to Cut 5,000 Jobs in A.I.-Driven Push to Lower Costs
New York TImes · 5 hours ago
Siinqee Bank President Neway Megersa Named CEO of Oromia Sovereign Fund
BirrMetrics · yesterday