The Addis Ababa transport authority said it has finalized preparations to replace 10,500 blue and white Lada taxi cars with new ones.The authority recently signed an agreement with associations to replace the classic Lada taxis – they are more than 50 years old.
According to Engineer Sitotaw Akal, head of Addis Ababa transport bureau, the Commercial Bank of Ethiopia (CBE) has made available a 6 billion birr loan for the associations.
The new and updated taxi vehicles will resume services within the coming four months.