Ethiopia: Foreign Investors Planning to Invest More than USD 2 Billion
Ethiopian Investment Commission (EIC) has disclosed that foreign investors are showing interest to engage in different investment areas by allocation more than 2 Billion USD.
Ethiopia: Former Abyssinia Bank’s President Moved to Debub Global
Former President of Bank of Abyssinia (BoA), Addisu Haba, is now appointed as the president of Debub Global Bank (DGB).
Ethiopia: Former Bank President Appointed as ECX CEO
Wondimagegnehu Negera, former Chief Executive Officer (CEO) of Cooperative Bank of Oromia has been appointed as the new CEO of Ethiopian Commodity Exchange (ECX) by the Board of Directors. The appointment was made after Ermias Eshetu left the CEO position and left it vacant 2 month back.
Ethiopia: Four Companies Awarded Mining Licenses
Ministry of Mines announced the awarding of mining licenses to four companies. The signing ceremony was attended by Minister of Mines Habtamu Tegegn and company executives.
Ethiopia: Four Hawassa Hotels Rated Four Star
Ethiopia’s Ministry of Culture and Tourism rated hotels in Southern Nation, Nationalities and Peoples State – out of which four hotels got four stars. Haile Resort, Ker-Awud International Hotel, Lewi Hotel & Resort and South Star International Hotel, all located in Hawassa, are the four hotels which earned the four stars.
