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Ethiopia: Bell Geospace Awarded Survey Contract

Oct 22, 2014 | Alemayehu Bacha | Latest Business Alerts

Ethiopia: Bell Geospace Awarded Survey Contract

Bell Geospace disclosed it won the tender floated by GPB Ethiopia Resources B.V., an affiliate of GPB Global Resources, for Airborne FTG & Magnetic Surveys in the Gewane-El Wiha Block,...

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Ethiopia: Addis - Djibouti Railway to Be Complete …

Oct 22, 2014 | Alemayehu Bacha | Latest Business Alerts

The electrified rail link being built between Addis Ababa, Ethiopia’s capital, and Djibouti, the land locked nation’s main trade corridor, will be finalized in a year time, Prime Minster Hailemariam...

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Ethiopia: Dashen Bank to Launch Agent Banking by D…

Oct 22, 2014 | Alemayehu Bacha | Latest Business Alerts

Ethiopia: Dashen Bank to Launch Agent Banking by December

Dashe Bank S.C. is going to launch an agent banking service by the end of the 2014 making it the first bank in Ethiopia to render the service.

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Ethiopia: United Insurance Secured 62.7 Million Bi…

Oct 22, 2014 | Alemayehu Bacha | Latest Business Alerts

Ethiopia: United Insurance Secured 62.7 Million Birr Profit

United Insurance Company S.C. secured 62.7 Million Birr net profit in the last fiscal year. This figure is slightly higher than what the company managed to earn in the 2012/2013...

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Ethiopia: NICE's CEO Retired After Nine Years Serv…

Oct 21, 2014 | Alemayehu Bacha | Latest Business Alerts

Ethiopia: NICE's CEO Retired After Nine Years Service

Habtemariam Shumgizaw, Chief Executive Officer of National Insurance Company of Ethiopia (NICE), has stepped down from his authority to retirement. His retirement is going to be effective from Saturday, November...

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