A Dairy, Poultry Complex Underway

Nov 5 , 2022


[ssba-buttons]

Addis Abeba's outskirt is to see a dairy and poultry centre under construction with a 800 million Br project cost. The project was launched to compensate farmers displaced from the Koye Feche area for the capital city's expansion projects. The Ethiopian Construction Works Corporation, established in 2015 with a registered capital of 20.3 billion Br, is working on the construction, with close to 92pc complete. The project will comprise a veterinary clinic, animal feed processing, storage unit, and administrative offices. The processing centre will be erected on a 14hct of land holding 80 blocks housing 4,000 chickens under 10 poultry sheds. The dairy facility houses 30 cows and oxen, with 10 sheds for milk and breed services. It will also have 32 shops to sell animal feed. A 300-meter cube water reservoir has already been created to facilitate the vast water requirements of the project. It is hoped to create jobs for over 2,000 farmers and herders.


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...