Friday, May 17, 2024
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Local News

Amhara Bank appoints Chanyalew Demissie as Interim Head following dismissal of founding president

Following the dismissal of founding President Henock Kebede, the board of directors of Amhara Bank, which is the newest and financially strongest bank, has...

Agriculture, Food exhibitors flock Millennium Hall for 14th AGRIFEX-Ethiopia

The 14th Specialized Addis chamber International Agriculture and Food Exhibition /AGRIFEX-Ethiopia / opens its doors to the public on December 7, 223 at the...

Ethiopia hosts 5th Takaful, Re-Takaful, Interest-Free Banking Forum

By our staff reporter The nation’s capital successfully hosts the 5th Edition of Global Takaful and Re-takaful forum in partnership with AlHuda CIBE, and Ethiopian...

Premier Switch Solutions enhances grip on the market

By our staff reporter Digital financial solutions provider, Premier Switch Solutions (PSS), reveals that cash withdrawals of 101.1 billion birr have been made since operations...

Oromia bank celebrates 10 years of IFB services

Oromia Bank, the first private bank to introduce interest-free banking (IFB) services in Ethiopia, celebrates its 10 year of service.   In 2013, the bank...

Ethiopia’s opal foreign currency generation goes down 5 folds

By Eyasu Zekarias Despite the country’s opal production increase by seven folds, the foreign currency generation sinks five times than in previous years. Ethiopia which is...

Lemi National Cement to be launched in March 2024

Cement production in the horn to receive huge boost By our staff reporter Lemi National Cement, a massive miller that is anticipated to start production in...

Goh Betoch pushes for directive to streamline mortgage financing

By our staff reporter Ethiopia's mortgage pioneering bank, Goh Betoch, signals that it’s searching for provisions in government policies to realize its goal. The bank, which...