Ethiopia has been among Africa’s most impressive growth performers over the past decade with an overage 10.9% annual growth (200- 2014). With a GDP of US$63 billion in 2015 it is the ninth largest economy in Africa and the third largest in Eastern Africa.

After Nigeria, the country is also home to the continent’s second largest population of 90 million people in 2015 and a forecasted 100 million in 2020. Given the current limited disposable income, Ethiopia’s automotive market is dominated by second-hand imported vehicles – particularly commercial vehicles. Commercial vehicles10 were Ethiopia’s second most valuable import overall in 2014, worth US$859 million.11 Commercial vehicles were also Ethiopia’s highest earning automotive export in 2014. 

We can also see a surge in the trend of searches in Ethiopia on Google for people looking to buy cars, with keywords such as “mekina for sale”, “mekina4sale”, “mekinas4sale”, “buy a mekina”, “buy used second hand mekina”, etc…

CarGebeya.com is helping both professionals and individuals as it is cutting the middle man and bringing more transparency to the market. Instead of only selling your car to your local family, friends and neighbours, you can now, thanks to our platform, reach people at the other part of your town or country such as Addis AbabaJijigaBishoftuGondar or Nazrēt and more. Buying and selling cars in Ethiopia has never been easier.

If you are a local company, business or are willing to boost your car listing and get it featured in order to sell it faster with our service, please feel free to reach us at hello@cargebeya.com, as we can help you to advertise it on our platform, including our Facebook Page (https://business.facebook.com/cargebeya) gathering dozens of thousands of users every day! We will send you a custom offer tailored to your needs and budget.

Source : Deloitte Africa