The World Bank said the Addis-Djibouti corridor will get a significant upgrade with a $730 million grant following a newly approved Horn of Africa Initiative's Regional Economic Corridor Project.

One of the youngest entrants into the banking industry, Addis International Bank, registered a net profit of 112.9 million Br, an 18pc increase from the previous reporting period. Despite the moderate ...

Three days after becoming the last operational bank to pick a centralised, online, real-time, electronic (CORE) banking software vendor, Addis International Bank (AdIB) took another step in the ...

Addis International Bank S.C. is an Ethiopia-based bank. Its engaged in providing banking service, export business, manufacturing services. The bank offers retail banking, credit, international ...

ADDIS ABABA, March 27 (Reuters) - The state-owned Commercial Bank of Ethiopia has recovered more than three-quarters of the $14 million it lost when a software glitch earlier this month allowed ...