Ethiopia: CBE Bagged 4 Billion Birr in 3 Months
Commercial Bank of Ethiopia (CBE) bagged a net profit of 4 billion Birr in the first quarter of the current fiscal year with total earning of 7.7 billion Birr.
Add a comment Add a commentCommercial Bank of Ethiopia (CBE) bagged a net profit of 4 billion Birr in the first quarter of the current fiscal year with total earning of 7.7 billion Birr.
Add a comment Add a commentThe long serving president of Development Bank of Ethiopia (DBE), Esayas Bahre, is dismissed from his post effective of November 18, 2016.
Add a comment Add a commentEthiopia and Morocco concluded 13 memorandum of understandings (MoU) on November 19, 2016. The agreements were signed at the National Palace in witness of Ethiopia’s Prime Minister and President, Hailemariam Dessalegn and Mulatu Teshome respectively, and King Mohammed VI of Morocco. The event was also attended by the official delegation that accompanied the King.
Add a comment Add a commentEthiopia and Morocco signed an agreement in the aim of constructing an integrated fertilizer production plant worth 2.5 billion USD. The agreement was signed by OCP Group, global leader in the phosphate industry, on Morocco’s side while Minister for Public Enterprises represented Ethiopia.
Add a comment Add a commentState of Tigray, one of the 9 states of Ethiopia, disclosed it is going to construct an Agro-processing industrial park. The park is expected to be constructed at an outlay of 2.3 billion Birr.
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