Ethiopia: Over 20,000 40/60 Apartments to Be Transferred
Addis Ababa Saving Houses Development Enterprise (AASHDE) disclosed it will transfer more than 20,000 apartments built under the 40/60 housing scheme by the coming fiscal year.
Ethiopia: Over 3,000 Investment Licenses Issued in Addis in 3 Months
Addis Ababa Investment Commission said it has given 3,005 investment licenses in three months. The achievement, the Commission noted, exceeds the target it set for the period for Ethiopia's capital by 11 percent.
Ethiopia: Over 48Mn Birr Transacted Over Sunday Markets in Addis in 7 Weeks
The Addis Ababa Cooperatives Agency said that agricultural and industrial food products worth over 48 million birr have been transacted on Sunday markets at selected spots all over the city.
Ethiopia: Ovid Betoch Bank Sells Shares
Ovid Betoch Bank aims to raise Birr five billion within six months to meet the growing demand in the mortgage market.
Ethiopia: OVID Group to Introduce Cable Car Technology
OVID Group, a local real estate developer, is proposing a solution to Addis Ababa's transportation woes: cable car technology. The company has already completed a project study.
