FORTUNE+ VIDEO SPONSORED CONTENTS ADVERTORIALS FORTUNE AUDIO Fortune Careers New TRADE AFRICA New

Fortune Logo


ALL-FEMALE BRANCH

Ergoge Tesfaye (right), minister of Labor & Social Affairs, and Melik Bedri, CEO of ZamZam Bank

ALL-FEMALE BRANCH

Ergoge Tesfaye (right), minister of Labor & Social Affairs, and Melik Bedri, CEO of ZamZam Bank, inaugurate an all-female branch in Mekanissa on March 17, 2022. Dubbed ‘Hajera,’ the branch is meant to showcase the interest-free bank’s dedication to gender inclusivity and equality. Currently, its female representation in the workforce is at 33pc but ZamZam says that it will work to improve this.

[ssba-buttons]
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...

Read more >>

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...

Read more >>

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...

Read more >>