Africa Insurance Company Latest Ethiopian News

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Africa Insurance Records 2.8 million birr loss for the 2019 / 2018 f.y

Ranked among the top three insurance companies two years back, Africa Insurance Company registered only the second loss in its quarter century existence.
The company registered a loss of 2.8 million Br, a drastic fall from the 59.1 million Br profit it made the preceding year. The loss translated into a huge fall in earnings per share that dropped to 16 Br from 334 Br.

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