We are digitising Ethiopia's parking market — a 100% cash industry with 1.2 million vehicles and zero digital competition. Join us.
And growing at ~8% annually as vehicle ownership rises with GDP per capita.
Set by city authorities. ParkET collects a platform fee on every transaction.
No other company has a licensed, operating digital parking platform in Ethiopia today.
Our payment rail is already in the pockets of most Ethiopian adults — no new wallet needed.
Dire Dawa, Hawassa, Bahir Dar, Mekele, Jimma, Adama — all face the same parking problem.
Every parking birr is cash today. We can digitise an entire market category from day one.
ParkET earns revenue on every parking transaction while providing city authorities with their full statutory rate. We are a platform fee on top of existing revenue, not a replacement.
Our subscription model (Monthly Pass, Fleet Plan) creates predictable MRR alongside per-session transaction income.
Charged on every Telebirr parking payment. City authority receives 100% of their rate.
Unlimited parking for frequent drivers. Auto-renewed via Telebirr.
Recurring annual contracts with companies managing multiple vehicles.
Annual software licence for the admin dashboard and warden apps.
Leave your details and we'll send you our full investor presentation, financial projections, and pilot data.
Or email us directly: invest@ethio-park.com