The state-owned Chemical Industry Corporation awarded management and administration consultancy service contract of the coal phosphate fertilizer complex project to Addis Ababa University's Technology Institute, Ethiopian Press Agency reported.
Abai Bank and Safaricom M-PESA have partnered to create a strategic business relationship. Abai Bank has been designated as Safaricom's M-Pesa super agent, responsible for facilitating mobile banking and agent banking activities.
Jigjiga Export Slaughter House (JESH), which is a based in Ethiopia and built at a cost of 200 million Birr, will start exporting meat to the Middle East in the coming 2 weeks.
Abay Bank started rendering card banking via Automatic Teller Machines (ATM) on Saturday, July 12, 2014.
Abay Bank, reported 38.04 million birr profit after tax and earnings per share of 14.3 Br from 12.2 birr, Fortune reported.
