2merkato

Debre Birhan Town Administration said it has licensed investors with 12 billion Birr capital in the last three years.

The Debre Birhan Industrial Park, which rests on 1,100 hectares of land, has been inaugurated. The industry park stands with eight production sheds completed, the office of the Prime Minister said in a tweet.

Debre Birhan city is set to inaugurate 24 factories that will create employment opportunities for thirty thousand citizens. According to the city’s Industry and Investment Office, Debre Birhan is hosting 550 investments that have a collective capital of Birr 80 billion.

Debub Global Bank S.C. has appointed Tesfaye Boru as its first vice president. His appointment will be effective once the National Bank of Ethiopia approves it within the coming 2 weeks.

Debub Global Bank S.C., one of the late entrants to the banking industry in Ethiopia, registered a 52 million Birr profit in the last fiscal year. The performance is a threefold compared to 2014/2015 fiscal year.