2merkato

The Bale Robe airport which was constructed at a cost of Birr 500 million was inaugurated yesterday. Ethiopian Airlines has started 3 times weekly services- Wednesday, Friday, and Sunday.

Bale Robe airport has a 3 km length and 400 meter runway width and can accommodate different types of passengers and cargo planes, including Boeing 737.

Ethiopian Airports Enterprise oversaw the construction of the Robe airport which is also known as Goba-Robe airport because Goba and Robe are located in proximity to each other, towns in Bale Zone, Oromia Region.

Source: Fana Bc and Center for Aviation (https://centreforaviation.com/data/profiles/airports/goba-robe-airport-gob)

Bamboo Star Agro-Forestry is going to start manufacturing bamboo products, including chopsticks, which are going to be exported to China form Ethiopia.

The Bangladesh based, BDL Group, is set to build textile and garment factory at an outlay of 765 Million Birr in the Tigray State capital, Mekele City.

The number of bank deposit accounts in Ethiopia has risen from 98.59 million in June 2022 to 129.52 million in June 2023, the National Bank of Ethiopia revealed.

The Bank of Abyssinia opened its new branch in Ferensay Legasion, Addis Ababa. The new branch is named after Wami Biratu who was once one of the best long-distance runners in Ethiopia. Wami Biratu officially opened the Branch and thanked the Bank for recognizing his achievements by naming a branch after him.

When the bank began its services in 1996, it had only one branch. Currently, it has 296 branch networks nationwide, of which 142 are in Addis Ababa.

Source: Capital Ethiopia