March 26 , 2022
Ethio Lease, the country's first privately-held equipment leasing company, has transferred the ownership of high-tech ophthalmic surgical microscopes worth over five million Birr to WGGA Eye Center. The transfer is part of the multiple lease agreements for high-tech medical equipment Ethio Lease has entered into with medical and diagnostic centres in the country. A subsidiary of Africa Asset Finance Company (AAFC), Ethio Lease started operations in August 2019. The company has been providing leasing services to address equipment shortages and foreign exchange challenges faced in the agriculture, healthcare, and manufacturing sectors. It has imported hundreds of pieces of heavy machinery and equipment over the past two years.
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