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.
Raxio's Data Center has inaugurated a new facility in Addis Ababa, aiming to boost digital inclusion and extend Ethiopia's ICT infrastructure.
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.
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.
In two weeks time Raya Brewery S.C. is going to start testing its factory aiming to start producing beer by the end of December.
