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The Development Bank of Ethiopia (DBE) is a specialized state-owned development financial institution, which is supervised by the Public Financial Enterprises Agency in Ethiopia. The Development Bank of Ethiopia was the first development finance institution in Ethiopia and as such it was designed to: "(a) assist in the development of industrial ...
The Agricultural and Industrial Development Bank (AIDB) was formed in 1970, taking over two earlier development banks: the Development Bank of Ethiopia and the Ethiopian Investment Corporation which was established in 1963 as the Investment Bank of Ethiopia. AADB was a government owned bank providing both medium- and long term loans to ...
The Ethiopian Investment Commission (EIC) was established in 1992 to foster private investment sector in Ethiopia. [2] EIC is responsible for offering one-stop services to investors, issuing investment permits, registering technology transfer agreements and facilitating the acquisition of land, utilities and other service for investor.
National Bank of Ethiopia: Financials Banks Addis Ababa: 1906 Central bank. formerly Bank of Abyssinia: S A Oromia International Bank: Financials Banks Addis Ababa: 2008 Private bank P A Selam Bus Line Share Company: Consumer services Travel & tourism Addis Ababa: 1996 Passenger transport P A Sky Bus Transport System: Consumer services Travel ...
The economy of Ethiopia is a mixed and transition economy with a large public sector. The government of Ethiopia is in the process of privatizing many of the state-owned businesses and moving toward a market economy. [26] The banking, telecommunication and transportation sectors of the economy are dominated by government-owned companies. [27] [28]
Ethiopia’s biggest bank is reportedly attempting to recover more than $40 million after a technical glitch allowed customers to withdraw more than they had in their accounts. Long lines formed ...
Ethiopia has signed a preliminary agreement to develop infrastructure for data mining and artificial intelligence training operations, the government's strategic investment arm said. Ethiopian ...
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