City Receives Donations Worth 36m Br

Aug 16 , 2020


[ssba-buttons]

USAID and Save the Children have donated emergency cash worth 26 million Br to 4,429 households in Addis Abeba for the response against the Novel Coronavirus (COVID-19). The assistance, received by Deputy Mayor Takele Uma, will directly go through as cash support to sustain the households for three months, according to the City Administration. In parallel to this, BamaCon Engineering Plc, a construction company in the capital, has provided 100 ventilators worth close to 10 million Br to the City Administration. The ventilators are expected to serve in intensive care units for up to 200 COVID-19 patients a day. The Ethiopian Industrial Inputs Development Enterprise also donated COVID-19 emergency supplies to vulnerable parts of the society.


Radar

Bank of Abyssinia Signs Partnership with Droga Cooperative

Bank of Abyssinia has entered into a partnership agreement with Droga Health & Financial Savings and Credit Cooperative to provide financial support and services for its members. The agreement was signed yesterday at the Bank's headquarters. The deal aims to strengthen collaboration between the two institutions, enabling cooperative members to access tailored banking services. It was signed by Wosenyeleh Abera, Deputy CEO for Customer Relations and Marketing at the bank, and Zelalem Yilma...


Radar

Wegagen Introduces Real Time SWIFT Tracking

Wegagen Bank has launched a new mobile app feature enabling customers to track international SWIFT payments in real time. The bank is the first in Ethiopia to introduce an online SWIFT payment tracking system. By integrating SWIFT Global Payment Innovation, customers, particularly those involved in import-export trade, can monitor cross-border transactions using a Unique End-to-End Transaction Reference (UETR) directly from their smartphones. To use the service, customers select the SWIFT...


Radar

National ID, Zambia Partners to Expands Program Reach

The National ID Program has signed an agreement with Zambia's counterpart to provide consulting services for the development of software that will issue digital IDs. It is the first time the institution has extended its expertise beyond national borders, a sign of growing recognition for its rapid progress. Program officials described the partnership as a milestone in their effort to position themselves as a regional player in digital transformation. The collaboration is expected to center...