Ethiopia: Agro-Processing Park to Be Built in SNNP
Industry Parks Development Corporation of Southern Nation Nationalities and Peoples’ State, disclosed it will build an agro-processing industrial park in Yirgalem City.
Ethiopia: AGY to Produce Table Salt in Semera Industrial Park
AGY, a company that produces table salt, has announced its plans to start manufacturing table salt at Semera Industrial Park. Once AGY reaches full capacity, it is expected that it will create more than 350 job opportunities for citizens.
Ethiopia: Ahadu Bank Acquires Future Headquarters, Rolls Out Digital Banking Apps
Ahadu Bank has secured a semi finished high rise building in the Mexico area of Addis Ababa, marking a major milestone for the young bank as it strengthens its position in Ethiopia’s banking sector.
Ethiopia: Ahadukes Food Products Factory Inaugurated
Ahadukes Food Products, Biscuit and Pasta Factory which was built with the cost of 800 million Birr was inaugurated on May 5, 2015, Ethiopian News Agency (ENA).
Ethiopia: AIB Posted 438.61 Million Birr Profit
Awash International Bank (AIB) reported on Saturday November 16, 2013, its yearly profit after tax has climbed 11.3 percent to 438.61 million birr, Fortune reported.
The bank also reported earnings per share (EPS) of 456 birr. A year earlier the bank's EPS stood at 469 birr. The decline in EPS is, according to the annual audited report of the Bank– owing to a 28.3 percent increase in its paid-up capital.
