Buy, Sell & Rent Real Estate in Ethiopia

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Banks Suspend Lending Money in Ethiopia

Land and buildingloans are not easy anymore. This is because the Commercial Banks and the National Bank of Ethiopia have suspended all the loans contingent on land and property. The State Minister said in an interview on FM Radio that for illegal purposes, money was being used. There are solid indications that the black market has gained a lot from such malicious activity. And now the country's Central...

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