2merkato

Ethiopia's Amhara regional state announced that investors with a combined capital of over 39 billion birr (over $1.34 billion) have obtained licenses over the past 12 months.

The Livestock Development Institute (LDI) has reported that animal product exports have yielded approximately USD 86 million in revenue over the past eleven months.

Ethiopia's anti-corruption watchdog, Federal Ethics and Anti-Corruption Commission signed contract with CSM Technologies, an Indian technology firm for a website design.

In a press statement it sent to Ethiopian News Agency on Tuesday, the Commission said the website will enable it to publicize the wealth of 60,000 government appointees.

Ethiopia's Aquarius Aviation PLC concluded contract with the American Cessna Aircraft Company, to purchase two Cessna Caravan airplanes for USD 3.2. The planes which have a 39 seat-capacity are expected to be delivered within a year.

When the agreement is finalized in the coming month, Aquarius will be expected to pay 30 percent upfront, according to Frehiwot Tessema, general manager of Aquarius Aviation.

Awash Bank, Ethiopia's oldest and largest private bank, announced it has obtained a gross profit of over 5.58 billion birr during the 2020/21 fiscal year. The amount has shown an increase of 34 percent or 1.2 billion birr from last year, and is registered as the highest ever for private banks in Ethiopia.