Benishangul Gumuz Requires 75b Br in Conflict Recovery

Apr 15 , 2023


[ssba-buttons]

Severe challenges plague the health sector of Benishangul Gumuz Regional State as the social development, culture & sports affairs Standing Committee reported to Parliament after doing a field study. Getahun Abdisa, the vice president of the regional state remarked that as much as 75 billion Br would be required to help the region fully recover from the impacts of sporadic conflicts over the last four years. Shortage of funding that takes into account the widespread systemic damage that the regional state has experienced was remarked on by the vice speaker of the regional state's parliament Alemenesh Yibas. A general appeal for special attention to the regional state was shared by all representatives from Beninshangul Gumuz. Severe logistic hurdles arising from the presence of armed groups on the road to the regional state have also inflated costs of goods much higher than the national average. A litre of petrol has been selling for nearly twice the national rate at 120 Br. Drivers being forced to take longer routes to avoid engagement with these armed groups has compounded costs to unprecedented levels. Higher officials within the regional state also indicated that conflict has disturbed the population distribution of the region with some districts being completely abandoned.


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...