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.
Ovid Betoch Bank aims to raise Birr five billion within six months to meet the growing demand in the mortgage market.

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.

Ovid Real Estate has announced plans to construct 5,000 homes for drivers of Hybrid Designs’ RIDE service and artists associated with Sewasew Multimedia. In a recent agreement, the two companies have committed to building a “Ride Family Village” in Gelan Gura, designed specifically for RIDE drivers.

Pakistani investors laid a foundation to invest in Ethiopia in pharmaceutical, packaging, and industrial park development sectors by signing a memorandum of understanding with the Ethiopian Investment Commission (EIC) today.
Pan African Conference on Artificial Intelligence (AI) which is organized by Ethiopian Artificial Intelligence Institute will be held in Addis Ababa at the Museum of Art and Science. The Institute collaborated with HAWK University, Chapa Financial Technologies S.C. and Presight.ai to organize the event which will last for two days between October 4 and 5 this year.