Ethiopia: New Pharmaceutical Plant Inaugurated in the Eastern Industrial Zone
A pharmaceutical plant built at a cost of USD 85 million was inaugurated in Dukem, Ethiopia, on June 10, 2018 by Shasheng Pharmaceuticals PLC.
Ethiopia: New President for Abyssinia Bank
Bank of Abyssinia’s candidate for the presidential position, Mulugeta Asmare, has been given the green light by the National Bank of Ethiopia (NBE) .
Ethiopia: New President for the National Chamber
The Ethiopian Chamber of Commerce and Sectoral Associations (ECCSA) has elected a new president on May 1, 2014.
Ethiopia: New Procedures for Share Company Registration
Document Authentication & Registration Office (DARO) announced it launched new registration and authentication method for share companies which only require the presence of half of the shareholders plus one.
Ethiopia: New Remittance App Expected to Ease Money Transfers
Ethiopia's Dashen Bank and Ecobank have partnered to launch a new remittance app that allows Ethiopians living in Europe to send money instantly to their families and friends back home. As per the joint statement issued by the companies, the app, called Rapidtransfer International (RTI), is available in 33 countries and offers a low-cost, convenient and secure way to send money.
