Abyssinia Bank Ventures into Airline Ticketing

Nov 16 , 2019

Abyssinia Bank teamed up with Guzo Go to develop an application that provides airline ticketing services for carriers that have destinations to Ethiopia. The agreement brings new service to the banking sector, according to Abiy Sime, director of online banking at Abyssinia, at the launching ceremony of the service held at Hyatt Regency on November 12, 2019. Customers of the bank can go to any of its branches and choose flight destinations by different airlines. The app developed by Guzo Go facilitates the airline ticketing process in Amharic, Afan Oromo, Tigrigna and Chinese languages. The service is expected to cover the gap which is mostly created by miscommunication in the ticketing process and time zone difference. The software minimises the ticketing process and procedures with easy options, and it is functional on Android and iOS systems. The ticketing service will be available for both internal and external flights and extend credit services for customers, according to Bersufekad Getachew, general manger of Guzo Go.


ZamZam Bank Joins Commodity Exchange Payment System

The pioneering full-fledged interest-free commercial bank, ZamZam Bank, has become the 24th financial institution to join the Ethiopian Commodity Exchange's (ECX) payment system. CEO of the Exchange Wendemagegnehu Negera signed the deal with the President of the Bank Melika Bedri last week. According to the CEO, joining the platform which has around 11,000 accounts registered and has transacted over 386 billion Br so far, will allow a reliable mechanism whereby traders can be certain that pay...


AfDB, ADF to Chart Transformation Path at Diamond Jubilee

The African Development Bank (AfDB) and the African Development Fund (ADF) are gearing up for a major joint meeting in Nairobi, Kenya, expected to draw around 4,000 participants. The event, taking place at the Kenyatta International Conference Centre in late May, will focus on "Africa's Transformation," a theme reflecting the continent's ongoing pursuit of economic and social development. "Despite progress over the years, Africa's transformation remains incomplete," said Vincent O. Nmehielle...


Big Art Sale Returns to Addis

The annual Big Art Sale returns to Addis Abeba this weekend. Over 100 artists are expected to showcase their original works and prints at the Hilton Addis. What's Out Addis in partnership with the Hilton Hotel is behind the event that showcases the works of over 100 artists. Big Art Sale has been around for the past 18 years showcasing paints and prints. According to organisers, it offers a chance to meet the artists and enjoy a variety of art forms with a dedicated Kids' Corner and food and...