Dashen Bank has concluded an agreement with MIDROC-Ethiopia Construction PLC worth Birr 593 million to complete the work on its headquarters on Thursday, May 21, 2015, according to Addis Fortune.
National Bank of Ethiopia (NBE) has approved the appointment of Acting President of Dashen, Asfaw Alemu as president on Friday, May 15, 2015, Addis Fortune reported.
World Bank has allowed Ethiopia USD 370 million loan on May 18, 2015 for further expansion of its transportation system and provision of safe and efficient roads, Ethiopian News Agency reported.
The Addis Ababa City Administration Roads Authority concluded road agreements with contractors in the Authority’s premise on May 22, 2015, according to the Ethiopian Herald.
Ethiopia’s economy is expected to grow by 10.5 percent in 2015/16 budget year, the World Bank said on May 22, 2015, adding inflation will remain in single digits in this period.
