Ethiopia: Life Opened Fitness Center in Addis Ababa
The US based Life Fitness launched its own fitness center on Friday, January 9, 2014 around CMC area.
Ethiopia: Limitations of Africa’s Energy Development Highlighted
A workshop organized in Ethiopia by National Oil Ethiopia suggested the need to develop infrastructure facilities, investment and regulatory standards in order to secure efficient utilization of energy because the demand for oil will double in the coming decade.
Ethiopia: Lion Bank Got a New President
National Bank of Ethiopia (NBE) approved Lion International Bank’s nominee for presidency, Getachew Solomon, a week after the latter submitted its request to the central bank.
Ethiopia: Lion Bank Made 127.2 Million Birr Gross Profit
Lion International Bank S.C. made a gross profit of 127.2 Million Birr from its last fiscal year operation. This was disclosed by the Board of Directors on Saturday, October 25, 2014.
Ethiopia: Lion Bank’s President Resigned from Office
Negusu Gebregziabher, President of Lion International Bank S.C. (LIB), resigned from his post. He is the third bank president to resign from his post in the last two weeks.
