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Oromia Bank, bureau agree to work on payments
Spread the NewsThe recently rebranded Oromia Bank and Oromia Water and Energy Resource Development Bureau signed a Memorandum of Understanding (MoU) to work on collection of payments. The agreement has been signed by Woldie Bulto, Vice President of Oromia Bank and Million Bekele (Engineer), Head of Oromia Water and Energy Resource Development Bureau. The agreement…
Ethiopian launches car hire, transfer service in partnership with CarTrawler
Spread the NewsEthiopian Airlines, the largest aviation group in Africa, announced that it has partnered with CarTrawler, the leading provider of online car rental distribution systems, launching car hire and transfer services for its passengers globally. The partnership enables Ethiopian to offer seamless transport service to passengers throughout their journeys. Commenting on the launch of…
Ethiopia’s economy predicted to grow at 6.6% despite challenges
Spread the NewsThe National Macroeconomic Council, which is led by Prime Minister Abiy Ahmed (PhD), said Tuesday that Ethiopia’s economy will grow at a rate of 6.6% in this Ethiopian fiscal year despite the challenges the economy has been facing. Members of the Council has discussed on the nine months macroeconomic performance of the country…
Wegagen Bank posts 193 mln Birr gross profit
Spread the NewsWegagen Bank Share Company has posted a gross profit of 193 million Birr in the concluded fiscal year in June 2021. The profit was declined from previous year performance of close to a gross profit of 1 billion Birr. The concluded fiscal year has been marked by multifaceted challenges for Wegagen Bank. The…
TotalEnergies launches this year Startupper challenge
Spread the NewsTotalEnergies has announced that it has launched the third edition of the Startupper of the year challenge on Tuesday. For this edition, the Startupper of the Year Challenge by TotalEnergies is poised to support and reward young local entrepreneurs between ages of 18 and 35, who either have a business creation project or…
Enat Bank reports gross profit of 289 mln Birr
Spread the NewsEnat Bank Share Company has reported a gross profit of 289 million Birr in the concluded fiscal year in June 30, 2021. Its paid up capital has also grew to 1.5 billion Birr from 1.3 billion Birr in the previous year. Meanwhile, its total assets hs reached 14.6 billion Birr. “The number of…