2merkato

Abyssinian Pilot Training School bought three more trainer aircrafts at an outlay of U.S. $ 1.3 Million.

Aklilu Wubet, Vice President for Corporate Service at the Bank of Abyssinia S.C., resigned from his place leaving his place vacant. This happened six months after the bank’s president left the bank and joined Debub Global Bank.

By allocating Birr 220 million, Addis Ababa City Road Traffic Management Agency is prepared to imporve accident-prone roads. The money will be used to fix and maintain traffic lights, safety devices, signage, and marking.

Traffic lights will be positioned at 31 proposed road junctions at a cost of Birr 54 million. The maintenance work includes repainting 50Km of lanes and zebras, and fixing road studs along 82 different streets. The enhancement and maintenance work will take up Birr 128 million and at a cost of Birr 39 million, lane dividers and pedestrian crossings will be covered.

Addis Credit and Saving Institution (ACSI) disclosed it extended 1.4 billion Birr loan in the first 9 months of the current fiscal year.

Addis Credit and Saving Institution S.C. (ACSI) disclosed it extended 450 Million Birr loan during the first three months of the current fiscal year.