Ethiopia: Asian Paints’ Subsidiary Bought 51 % of Kadisco Paints
Asian Paints is acquired a 51 percent share in the Ethiopian Kadisco Paints via its Singapore-based subsidiary Berger International.
Asian Paints is acquired a 51 percent share in the Ethiopian Kadisco Paints via its Singapore-based subsidiary Berger International.
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, Afar State. Subsequently, Bell is awarded the contract by GPB Ethiopia.
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 Desalegn said.
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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.
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 fiscal year, 60 Million Birr.
