Ethio-Lease Donates 1.6m Br

May 16 , 2020

Ethio-Lease, the country’s first foreign-owned lease financing company, has donated 1.7 million Br to the Novel Coronavirus (COVID-19) National Resources Mobilisation Committee. Girma Wake, board chairperson, and Girum Tsegaye, CEO of the company, handed over the cheque at a ceremony that took place at the Ministry of Peace. Ethio-Lease is also providing leases for computer tomography (CT) and magnetic resonance imaging (MRI) scanners and other farming equipment to offer solutions to challenges in food security and the health sector. Ethio-Lease, a subsidiary of Africa Asset Finance Company, operates by leasing equipment to businesses involved in agriculture, healthcare, energy, food processing and manufacturing. The company has signed over 60 capital goods lease agreements to date.


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