The banking services have to expand deep into the rural areas to reach the vast population for financial access and increase savings in Ethiopia, said Commercial Bank of Ethiopia’s Risk and Compliance Vice President Muluneh Aboye. According to information obtained from the Commercial Bank of Ethiopia, the nation’s savings in banks has risen to 1.4 […]
Day: October 25, 2021
First Mortgage Bank in Ethiopia Comes Into Operation
The first mortgage bank in Ethiopia, Goh Betoch Bank S.C, has finalized its establishment process and officially started its operation today. The Addis Ababa City Mayor, Adanech Abiebie and other government officials attended the launching ceremony. In the occasion, CEO of the bank, Mulugeta Asmare said Goh Betoch Bank is the first mortgage bank in the […]
The people of Africa give the thumbs up to PowerChina
What did the Chinese engineering and construction firm do to earn such praise? BEIJING, Oct. 25, 2021 /PRNewswire/ — A news report from CRI Online: The ceremony for the completion of Masindi barracks hospital, constructed and donated to Uganda by PowerChina, was held on April 16, 2021. In addition, two other projects, DiiCunyii Hospital and […]
Government-Backed Cooperation | GAC MOTOR as Public Transport Vehicles in Nigeria
GUANGZHOU, China, Oct. 25, 2021 /PRNewswire/ — After a successful recent meeting between Guangdong Governor and Lagos state Governer Mr. Babajid Sanwo-Olu, multiple forms of cooperation have been agreed. On October 11, 750 GAC MOTOR GS3s and 250 GA4s were shipped from Qingdao, China to Lagos, Nigeria, to be used by the Lagos State Government […]