Ethiopia: Railway to Djibouti to Go Operational in 2016
The railway which links Ethiopia’s capital with Djibouti is going to be open on early 2016, Head of Ethiopian Railways Corporation, Getachew Betru, disclosed.
Ethiopia: Rammis Bank Begins Operations
Rammis Bank, Ethiopia's fourth interest-free bank, officially opened its doors last week. The bank, which has a capital of Birr 2 billion is expected to play a significant role in expanding access to financial services in the country.
Ethiopia: Raxio Inaugurates a Data Center in Addis
Raxio's Data Center has inaugurated a new facility in Addis Ababa, aiming to boost digital inclusion and extend Ethiopia's ICT infrastructure.
Ethiopia: Raya Beer to Expand at a Cost of Billion Birr
Raya Brewery S.C., one of the latest entrants to the beer industry in Ethiopia, disclosed it is undertaking expansion project at an outlay of 1 billion Birr.
Ethiopia: Raya Brewery Lost 104 Million Birr
Raya Brewery S.C., one of the late entrants to Ethiopia’s market, sustained loss close to 104 million Birr in the past fiscal year. The company’s annual report was released during the shareholders meeting held on Saturday, December 10, 2016.
