August 10, 2019. Ethio Lease to import USD 200 million worth of machineries. The National Bank of Ethiopia (NBE) has licensed the first foreign capital lease finance company called Ethio Lease. Ethio Lease was established by African Asset Finance Company, a New York City-based finance company, with a registered capital of 400 million birr.
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ConsultaIFC Country Manager for Ethiopia, Djibouti, Eritrea, Sudan and South Sudan, Cheick-Oumar Sylla, said, “IFC has partnered with Ethiopia to strengthen the country’s leasing infrastructure so more firms can access lease financing and grow. To date, this partnership has helped more than 8,600 MSMEs access lease financing worth $240 million.”.
ConsultaDr. Yinager Dessie, Governor of the NBE stated, “Being the first company to provide equipment leasing services, Ethio Lease promises to be a game changer in Ethiopia. We believe this venture has a huge potential to boost the economy, while providing significant financial gains for the country.”. Ahmed Shide, Minister of Finance welcomed the
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ConsultaAddis Ababa, Ethiopia, February 27, 2020 —IFC, a member of the World Bank Group, and the National Bank of Ethiopia today hosted Ethiopia’s first National Leasing Forum to
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ConsultaSubmitted by Eyerusalem on Thu, 2023-03-09 12:02. Re-Invitation to Bid. 1. The Ethiopian Red Cross Society (ERCS) invites sealed bids from eligible, qualified bidders for the Supply of Items listed below, Posted On: Thursday, March 9, 2023. Bid Opening Date: Wednesday, March 22, 2023. Bid Closing Date:
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ConsultaEthio Lease, Ethiopia’s first privately-held and foreign-owned equipment leasing company, presented 85 combine harvesters to beneficiaries, including 10 to Ethiopian Agricultural Business Corporation (EABC). The equipment, representing more than $16 million in investment, was distributed today at an event held in Bishoftu, southeast of the
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ConsultaEquipment Type Make Model or Supplier Current Market w/out fuel Current Market with fuel I. Earth Work Equipment 1 Dozer D9N CAT – D9N 2,260.87 3,021.82 2 Dozer D8R CAT – D8R 2,000.00 2,676.40 3 Dozer D7R CAT – D74 1,565.22 2,072.52 4 1,391.
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