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Ethiopia: Commercial Bank Extended 14.2 Billion Bi…

Oct 30, 2014 | Alemayehu Bacha | Latest Business Alerts

The state owned Commercial Bank of Ethiopia (CBE) disclosed it has advanced, in the past three months, over 14.2 Billion Birr as loan for mega government projects and also the...

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Ethiopia: Lion Bank Made 127.2 Million Birr Gross …

Oct 30, 2014 | Alemayehu Bacha | Latest Business Alerts

Lion International Bank S.C. made a gross profit of 127.2 Million Birr from its last fiscal year operation. This was disclosed by the Board of Directors on Saturday, October 25,...

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Ethiopia: European Firms Awarded With 2 Billion Bi…

Oct 30, 2014 | Alemayehu Bacha | Latest Business Alerts

For the purpose expanding Addis Ababa’s sewerage treatment, the City Administration concluded a Memorandum of Understanding (MoU) with Actor and Denis, companies from Greece and Belgium.

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Ethiopia: Ministry of Trade Made Adjustment on Ben…

Oct 30, 2014 | Alemayehu Bacha | Latest Business Alerts

Ministry of Trade (MoT) made an adjustment to retail prices of benzene sold in Ethiopia’s capital, Addis Ababa, and its surrounding areas.

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Ethiopia: Lucy Insurance Made a 4.2 Million Birr P…

Oct 29, 2014 | Alemayehu Bacha | Latest Business Alerts

Lucy Insurance S.C., the youngest insurer in the Ethiopian economy, declared it made a total of 4.2 Million Birr profit during the last fiscal year.

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