Ethiopian Shipping and Logistics Service Enterprise (ESLSE) announced it has made a profit of 800 Million Birr from total revenue of 6.7 Billion Birr during the last eight months of the current fiscal year, Capital reported.
Ethiopian Shipping and Logistics Services Enterprise (ESLSE) entered a charter party contract agreement for shipment of import fertilizer with DHL Global Forwarding and Diamond Shipping Company.
Ethiopian Shipping Lines and Logistics Service Enterprise (ESLSE) is going to inaugurate new ships in Djibouti in the presence of leaders from Ethiopia and Djibouti on Saturday, May 17,2014.
On Saturday, August 2, 2014, Ethiopia hosted an experts’ seminar at the UN Economic Commission for Africa to assess the establishment of a Regional Development Bank (RDB) for Intergovernmental Authority on Development (IGAD). The seminar was organized by the Horn Economic and Social policy Institute (HESPI) and IGAD.
ET Switch SC, company established by the banks in Ethiopia and the National Bank of Ethiopia, disclosed it completed transactions worth 1,175,089,410 Birr since it commenced service in May 2016. The company also noted its performance is challenged by high transaction decline rate of 40 percent per month due to connection failure and system failure in its member banks.
