Featured | Sep 10,2023
Apr 24 , 2024
The Ethiopian Bankers’ Association (EBA) is advancing a national digital ID initiative, awarding a contract to Lamino Engineering S.C., which teamed up with South Africa's BioRugged to supply vital registration kits.
Established six years ago, Lamino Engineering, known for its work with Huawei on the CBE Birr project, will leverage its expertise in IT infrastructures and digital banking solutions.
"We're confident in our capacity to fulfill the project’s goals," said CEO Kidus Gebreselassie.
A consortium of 32 banks is coordinating closely with the National ID Project Office to accelerate the digital registration process over the next two years. These banks are funding the procurement of the registration kits —each priced at up to 3,500 dollars and totaling about 21 million dollars — but also in facilitating the registration process. They are financing the project's cost projected close to one billion Birr, stating its commitment to integrating advanced digital identification systems into the banking infrastructure.
The agreement between Lamino and the Association is scheduled for signing today at the Commercial Bank of Ethiopia (CBE) headquarters, located on Ras Desta Damtew Street.
Editors' Note: This article was updated from its original form on April 24, 2024.
Featured | Sep 10,2023
Radar | Apr 21,2024
Radar | Sep 10,2022
News Analysis | Mar 02,2024
Covid-19 | Apr 03,2020
Fortune News | Dec 25,2022
Radar | May 13,2023
Delicate Number | Apr 27,2024
Fortune News | Nov 06,2021
Editorial | Apr 09,2023
Photo Gallery | 98715 Views | May 06,2019
Photo Gallery | 90937 Views | Apr 26,2019
My Opinion | 75741 Views | Aug 14,2021
My Opinion | 72030 Views | Aug 21,2021
May 18 , 2024
Prime Minister Abiy Ahmed (PhD) took a handful of his cabinet members last week to th...
May 11 , 2024
The ruling Prosperity Party - the Prosperitians - has its leaders turned to the Publi...
May 2 , 2024
For successive generations of Ethiopia's tax authorities, the chore of tax collection...
Apr 27 , 2024
The Prosperity Party (PP) - Prosperitians - is charting a course through treacherous...