Saturday, June 27, 2009

Indian EXIM bank to open office in Addis Ababa


Sat, Jun 27

Addis Ababa, June 27 (IANS)The Export and Import (EXIM) Bank of India is in negotiations
with Ethiopian officials about the opening of an East African office in Addis Ababa.

Board directors of the bank have already decided to open their East African office in Addis
Ababa so as to support Indian companies' growing investment in eastern Africa, Indian embassy
officials told IANS..

It will be the third office of EXIM Bank in Africa, if it goes ahead.

The bank has two offices in Johannesburg and Dakar, responsible for southern and western
Africa respectively.

Source: http://in.news.yahoo.com/43/20090627/836/tbs-indian-exim-bank-to-open-office-in-a.html

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