New Zealand Company Interested to Invest in Ethiopia
New Zealand’s Dairy and Beef Solutions Ltd expressed its interest to invest in Ethiopia.
Newly Appointed President of JICA promises to Extend Support
The newly appointed president of Japan International Cooperation Agency (JICA), Shinichi Kitaoka (PhD) has pledged to extend more support to Ethiopia in areas of economic political development during his presidency.
Newmont Mining to Engage in Gold Exploration, Extraction in Ethiopia
An American Mining giant named Newmont Mining Corporation, which is regarded as one of the world’s largest producers of gold is to engage in gold exploration and extraction projects in Tigray Regional State of Ethiopia.
NIB Bank and Arifpay Partner to Advance Ethiopia’s Digital Payment Landscape
NIB Bank has entered into a strategic partnership with Arifpay Financial Technologies, a leading Ethiopian fintech company, to roll out digital payment solutions aimed at businesses and consumers across the country.
Nib Bank Awards Ethiopian Exporters
Nib International Bank awarded Ethiopian Exporters at an even held at the Addis Ababa Sheraton Hotel. The bank awarded 56 exporters with trophies and certificates which have been a significant customer base for the bank according to Amerga Kassa, president of NIB.
Foreign exchange from exporters is the most dependable source for the bank above other sources such as remittance, aid etc he noted.
The current shortage of foreign exchange is due to the significant gap between import and export trade in the country according to Amerga.
