The Canadian mining company, Montero Mining and Exploration Ltd, joined hands with the Ethiopian company, Hulager General Import and Export plc, for the extraction of granite from a project entirely owned by the latter at the Moyale Graphite Project.
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Bank of Abyssinia (BoA) bought a 15 storey 60 percent finished building from Saca Plc, a sister company of Ayat, for 400 Million Birr.
Bank of Abyssinia’s President Addisu Haba resigned from his position and Vice President of Operations, Mulugeta Asmare, replaced him as an acting President from Monday, September 01, 2014.
Enat Bank S.C. will open its sixth branch in Addis Ababa dubbing it Catherine Hamlin- after an Australian obstetrician and gynecologist that co-founded the Addis Ababa Fistula Hospital. The branch is going to be located around Meskel Flower.
Ministry of Trade disclosed Ethiopia has finalized works to join the Eastern and Southern African Common Market (COMESA) free market area.
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