Ethio Telecom harvests $670 million profit in six months
Ethio Telecom, the fully state owned telecom monopoly in Ethiopia, has ‘harvested’ 22 billion birr (about $670 million at the current exchange rate) gross profit […]
state enterprises
Ethiopia invites South African investors to buy State enterprises
Prime Minster Abiy Ahmed of Ethiopia, who was in a two – day’s state visit in South Africa invited South African businesses to invest in […]
Ethiopia state enterprises debt surpasses $5.6 billion
Debt of twelve state enterprises in Ethiopia surpasses $5.6 billion, according to the latest report of the state enterprises’ regulatory agency.
State enterprises in Ethiopia collect $9.4 billion revenue
Ethiopia’s state enterprises have collected total revenue of 258.51 billion birr (about $9.44 billion) last Ethiopia fiscal year concluded July 7, 2019.