Ukraine Grain Reaches East Africa Amid Drought

Dec 10 , 2022


[ssba-buttons]

The first shipment of grain as part of Ukraine’s initiative to supply countries in need arrived in Djibouti earlier last week for delivery to Ethiopia amid the region’s worst drought in decades. Ukraine’s Embassy in Ethiopia confirmed that the “Grain from Ukraine” shipment of 25,000tns is separate from a United Nations World Food Program (WFP) effort that has funded humanitarian grain shipments from Ukraine. An Embassy statement said that a second ship with 30,000tns of wheat would be heading to Ethiopia next week, while a third vessel is currently being loaded with 25,000tns of wheat bound for Somalia. Ukraine’s President Volodymyr Zelensky last month announced the initiative aimed at helping “countries the most struck by the food crisis.” Ukraine has said it plans to send more than 60 ships to Ethiopia, Sudan, South Sudan, Somalia, Congo, Kenya, and Yemen. Millions of people in Ethiopia, Somalia and Kenya are going hungry due to drought following the fifth straight failed rainy season, while conflicts in Ethiopia and Somalia have worsened the crisis. Ethiopia has not yet commented on the new grain shipment from Ukraine. But Prime Minister Abiy Ahmed in August criticized reports of a U.N. effort to ship grain from Ukraine to Ethiopia as an attempt to paint “a picture that we are starved.” (AP)


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...