UAE's KEFD Loans $100 Mn to Ethiopia
The Khalifa Fund for Enterprise Development (KEFD) of the United Arab Emirates signed a deal to loan $100 million to Ethiopia.
Add a comment Add a commentThe Khalifa Fund for Enterprise Development (KEFD) of the United Arab Emirates signed a deal to loan $100 million to Ethiopia.
Add a comment Add a commentEthiopia has collected $407 million in the past seven months from coffee export, the Ethiopian Coffee and Tea Authority declared.
Add a comment Add a commentThe Commercial Bank of Ethiopia (CBE), the largest bank in East Africa and owned by the Ethiopian government, declared it has collected a profit of over $295 million (9.33 billion birr) before tax during the first half of this fiscal year. In a related note, the other two government-owned financial institutions, the Development Bank of Ethiopia and Ethiopian Insurance Corporation collected profits of $30 million (951.6 million birr) and $13.53 million (427.89 million birr) during the period, respectively.
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The number of Ethiopian Mobile App users has reached one million, the airline announced in a press release sent to 2Merkato.com. With a robust and integrated digital strategy, Ethiopian has set an innovative approach to simplicity and seamless end-to-end customer experience with its user-friendly mobile App, the statement relates.
The Ethiopian Ministry of Culture and Tourism yesterday announced star ratings of four hotels, one five-star, two two-star, and one one-star.
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