At Goro-Bole, Deputy Mayor Launches Expensive Projects

Apr 3 , 2021


[ssba-buttons]

The Addis Abeba City Roads Authority launched the construction of a 4.9Km road that will connect Bole International Airport to the Goro neighbourhood in the southeastern section of the city. The city's Deputy Mayor, Adanech Abebie, launched the project that is forecasted to cost 1.6 billion Br. It has been contracted out to Aser Construction Plc, while Unicon Consulting, a Pakistani firm, will carry out the supervision work. At 320 million Br a kilometre, this road will be one of the most expensive roads built in the city, after the massive uplift of Africa Avenue (Bole Road). The road will include pedestrian walkways and a bicycle lane and is hoped to play a role in alleviating the heavy traffic that constricts the Gerji-Goro road. The project is expected to be completed in two years.


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...