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Tallest Building

Tallest Building

Bacha Gina (third from left), president of the Commercial Bank of Ethiopia, attended a ceremony on November 11, 2018, to celebrate the concrete pouring of the last floor of the tallest building in the country. The structure, slated to be the new headquarters of the state-owned bank, is located close to the National Theatre, an area that is becoming the financial district of the capital. Among several major financial institutions establishing headquarters in that section of the city are United Bank, Zemen Bank, and the Nib Bank.

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Radar

Milkii App Disburses 25 Million Br in Collateral-Free Loans in Two Months

Oromia Bank's new collateral-free digital lending app, Milkii, has disbursed 25 million Br in loans without requiring collateral. Of this, 16 million Br has already been repaid, generating 1.4 million Br in revenue within just two months. Developed in partnership with Quantum Technology PLC, the app plans to make lending more accessible and inclusive, aligning with Oromia Bank's contribution to the Digital Ethiopia initiative. According to a press release, Milkii promotes financial inclusi...

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Radar

Ethiopia Partners with UK to Ease Shipping Bottlenecks

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Radar

Education Authority Sanctions Mishqen College for Rule Violations

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