Ahadu Bank Enter the Digital Financing Market


Ahadu Bank Enter the Digital Financing Market

Ahadu Bank partners with financial technology service providers to develop digital payment gateways. The Bank sealed a partnership agreement with Chapa and Trusted Tech financial technology companies last week at the Inter-luxury Hotel on Guinea Conakry Street. Sefialem Liben, president of Ahadu, said working with fintech companies is instrumental considering the growing demand for swift and convenient financial services. Ahadu Bank joined the financial sector in July 2022 with 671 million Br capital from its 10,000 shareholders. Since then, it has managed to open 60 branches and renders service to 142,000 customers with an aggregate deposit of 1.2 billion Br.


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Yirgalem Hospital Inaugurates New Oxygen Production Plant

A new oxygen production plant has been inaugurated at Yirgalem Hospital Medical College in Sidama Regional State. The launch was attended by the regional state's chief administrator Desta Ledamo and Health Minister Mekdes Daba (PhD). Desta noted that a new kidney dialysis centre will soon be opened as well. Mekdes stated that the Ministry is working to increase the number of oxygen production facilities from the current 10 to 34 nationwide. The Yirgalem plant cost 86 million Br to build and h...


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Corridor Develops with Parking, Recklessness Concerns, Research Finds

Research involving 400 respondents across four first-round corridor development routes revealed major challenges to the initiative. The study, conducted by Shaka Analytics and ETC Institute in collaboration with the Addis Abeba City Transport Bureau, examined the impact of the program on transportation patterns, transit accessibility, and parking availability. The routes—Arat Kilo to Bole Deldey, Embassy of England to Arat Kilo, Mexico roundabout to Wello Sefer, and Piassa to Arat Kilo—we...


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Digitalisation Spreads to the Court System

Ethio telecom and the Amhara Regional State Supreme Court have agreed to implement a Smart Court project in Bahir Dar to modernize court operations using digital technology. This agreement includes building a modern network infrastructure, implementing cloud services, creating a modular data centre, establishing a network operations control centre, and connecting the region's courts with a secure digital network. The project is designed to facilitate secure digital information exchange betwee...