Benshangul Kicks off Water Project for 85m Br

Aug 17 , 2019

Benishangul Gumuz Regional State kicked off a potable water project that will benefit 30,000 people with a 85 million Br investment. The Benshangul Gumuz Water & Sewerage Authority laid the foundation stone of the project on August 15, 2019, in Metekel Zone’s Gilgil Beles town. The funding was sourced from the Ministry of Peace and the Sustainable Development Goal budget to supply safe drinking water in Gilgel Beles for the next 15 years. The source of the water will be deep water wells, from which 22lt of water can be pumped a minute. The project is expected to be operational in a year. The project will include water reservoirs and a water line.


Addis Chamber Embarks on Leadership Forum

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Wegagen Bank Launches its Mobile App

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Zemen Bank Joins IFC's Trade Finance Program with $30m Boost

Zemen Bank has secured a 30 million dollar trade finance guarantee from the International Finance Corporation (IFC) to boost the trade finance operations. A member of the World Bank Group, IFC has welcomed Zemen as the newest member of its Global Trade Finance Program aimed at supporting exports and imports. Signed by Dereje Zenebe, president of Zemen Bank and Madalo Minofu, country manager of IFC, the trade financing is part of the one-billion-dollar Africa Trade & Supply Chain Finance P...