Ethiopia: Shirshir Addis and Anbessa International Bank Agree to Work Together

Shirshir Addis Business Group and Anbessa International Bank agreed to work together in financial and investment activitis. The two companies also agreed to share knowledge and skills.

Shirshir Addis is a sister company of Arif Pay Financial Technologies and it exports coffee and sesame and has finalized preparations to export cattle from its ranch in Gambella Regional State. It is also an importer of cooking oil, textiles, canned foods, and vehicles. Shirshir established a transport service provider company in 2019.

Anbessa Bank, on the other hand, was established in 2006 with a subscribed capital of Birr 432 million and a paid-up capital of Birr 108.2 million. Its current paid-up capital is Birr 2.6 billion and it has 280 branches nationwide.

Source: Anbessa International Bank, Capital Ethiopia, and Shirshir Addis