Ethiopian banks – New Business Ethiopia

Ethiopia’s smallholder farmers to use cattle as collateral

February 27, 2019February 27, 2019 newbusinessethiopia

The Government of Ethiopia is set to introduce bank directive that will allow smallholder farmers to use their cattle as collateral to access loan from banks.

Ethiopia PM discusses reform with bankers

January 15, 2019January 15, 2019 newbusinessethiopia

Prime Minister Abiy Ahmed of Ethiopia held discussions with heads and representatives of financial institutions to discuss the current reforms within the sector.

Ethiopian banks’ revenue grew to 24 percent

June 22, 2010January 21, 2019 newbusinessethiopia

The total profit of commercial banks in Ethiopia, grew by 24 percent this year as compared to the similar period last year. This is excluding the new private banks, which have not began reporting profits and state-owned National Bank of Ethiopia (NBE).

OIL & GAS

Ethiopia reveals more info on petroleum test production

by NBE February 11, 2020February 12, 2020Comments Off

The Government of Ethiopia reveals additional information on the recent petroleum test production in the eastern part of the country, near Hilala gas discovery site in Somali Region Ogaden area.

Ethiopia begins selling its gas produce in local market

by NBE February 4, 2020February 6, 2020Comments Off

The Government of Ethiopia has began selling its gas produce in the local market. During the first six months of Ethiopia’s current fiscal calendar which started July 8, 2019, the country has used about 1,650 barrels of crude oil produced locally.

South Sudan invites international companies for oil field audit

January 10, 2020January 10, 2020Comments Off

British company finds gas reserve in Ethiopia

May 6, 2019May 6, 2019Comments Off

Ethiopia drafts petroleum policy

April 20, 2019April 20, 2019Comments Off

Ethiopia to sell Calub gas via Djibouti pipeline

February 17, 2019February 17, 2019Comments Off

TRAVEL

TOTAL Ethiopia introduces lubricant pack to tackle counterfeiting

by NBE February 21, 2020February 21, 2020Comments Off

TOTAL Ethiopia Share Company, affiliate of global integrated energy producer and provider, today introduced a new dynamic lubricant pack with innovative and premium design incorporating anti-counterfeiting features and improved labels and utility.

Airbus awards A350 fleets maintenance service to Ethiopian

by NBE February 17, 2020February 20, 2020Comments Off

Airbus, one of the largest aircraft manufacturer in the world, has given maintenance service of its latest jet Airbus A350 XWB to Ethiopian Airlines Group.