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Ethiopia: COMESA Prepares its 1st Strategic Plan for Private Enterprise

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Category: Latest Business Alerts

comesaCommon Market for Eastern and Southern Africa (COMESA) prepared a five-year strategic plan for an Ethiopian Enterprise engaged in production and export of footwear, Ethiopian News Agency reported.

Last Updated on 03 June 2015
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Ethiopia: Commercial Bank Awarded Supply of 200 ATMs to Lebanese Company

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Category: Latest Business Alerts

commercial bank of ethiopiaCommercial Bank of Ethiopia awarded Computer Business Machines (CBM), a Lebanese IT vendor, a contract for the supply and installation of 200 Automatic Teller Machines (ATM). The ATMs are said to be worth 51 Million Birr.

Last Updated on 17 September 2014
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Ethiopia: Commercial Bank Earned US$ 1.1 Billion from Export Trade in FY 2012/13

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Category: Latest Business Alerts

cbe-logoThe Commercial Bank of Ethiopia (CBE) earned US$ 1.1 billion from export trade in the 2012/13 fiscal year, according to The Reporter.

Last Updated on 31 December 2013
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Ethiopia: Commercial Bank Extended 14.2 Billion Birr Loan

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Category: Latest Business Alerts

The state owned Commercial Bank of Ethiopia (CBE) disclosed it has advanced, in the past three months, over 14.2 Billion Birr as loan for mega government projects and also the private sector.

Last Updated on 30 October 2014
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Ethiopia: Commercial Bank Launches a Remittance App in Collaboration with Golden Coffee

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Category: Banking and Finance

CBE CashGo

The Commercial Bank of Ethiopia (CBE) launched an international remittance service phone application called CashGo in collaboration with Golden Coffee Roastery PLC. The app will allow customers of CBE to remit money from countries such as Canada, Israel, America, Italy, South Africa, Sweden, UAE, England, and Saudi Arabia using their mobile phones via MasterCard and Visa Card.

Last Updated on 10 April 2023
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