Authority Kicks off Warder Qebrihadar Road Project

Oct 12 , 2019


[ssba-buttons]

The Ethiopian Roads Authority kicked off the construction of the 1.8-billion-Br Warder Qebrihadar road project yesterday, October 12, 2019. The project kick-off ceremony was attended by Mustafa Omer, deputy administrator of Ethiopia's Somali Regional State, and Habtamu Tegenge, director-general of the Authority. Macro General Contractor & Trading, a local construction company, was awarded to construct the 138.8Km asphalt road, which is expected to be completed in four years. Best Consulting Engineers and Hitech Consulting will jointly supervise the construction of the project. The cost of the project will be covered by the government of Ethiopia. The road will have a 21.5m width in zones, 19m in woredasand 12m in kebeleareas. It will also have a 10m width in rural areas. Upon completion, the road is expected to cut the three hours it currently takes to travel from Warder to Qebrihadar in half.


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...