Ethiopia: Cooperative Bank of Oromia Partners with WorldRemit
Leading digital money transfer service WorldRemit continues its rapid expansion in Ethiopia, partnering with Cooperative Bank of Oromia for digital money transfers.
Ethiopia: Cooperative Bank of Oromia Secured 470.6 Million Birr Gross Profit
Cooperative Bank of Oromia S.C. (CBO) secured a gross profit of 470.6 Million Birr during the past budget year. This income is 78 percent higher than what the bank has earned in the budget year before that.
Ethiopia: Corbetti to Start Generating Power Next Month
Corbetti Geothermal project’s first phase is scheduled to start generating 20 megawatts by the coming month. This is out of the entire capacity the project would generate, 500 megawatts.
Ethiopia: Cork Factory Inaugurated
Peniel Cork Factory built with 120 million Birr capital is inaugurated on June 6, 2015, according to Ethiopian News Agency.
Ethiopia: Cornerstone Laid for Wood Processing Factory
Cornerstone for a wood products processing factory, which will be constructed at a cost of 1 billion Birr, was laid in Woldiya City, Amhara State. It is Abay Industrial Development Share Company is the owner of the factory.
