Canada Commits 191m Br to Promote Women’s Education

Aug 22 , 2020

Cuso International, a nonprofit organisation based in Canada, has launched a five-year project worth 191.7 million Br in the Benishangul-Gumuz Regional State to promote women’s education. Dubbed U-Girl 2, the project is aimed at girls ages 15 to 25, their families and communities to address existing gender barriers that impede their education. The project will provide academic resources, training, tutorials and financial stipends for adolescent girls. Implemented in seven districts, it is expected to benefit 16,500 girls directly and effect an overall reach of 100,000 people. The project is funded by the government of Canada through Global Affairs Canada and is being implemented in cooperation with the Institute of International Education. The U-Girls 2 project will help to address some of the disparities existing in girls’ access to education. That, in turn, will contribute to better participation of women in leadership and politics in the region, according to Solen Abera, lecturer and gender focal person in the Faculty of Health Science at Assosa University. Cuso International works with local partners to amplify their impact in the areas of gender equality, female empowerment and improved economic opportunities for youth.


Addis Chamber Embarks on Leadership Forum

A leadership forum where prominent executives will share their experiences in the business environment is organised by the Addis Abeba Chamber of Commerce & Sectoral Association (Addis Chamber) and SAK Training & Consultancy Firm. Headlining Arega Yirdaw (PhD), president of Unity University, who is expected to address the fortunes and adversities of the leadership ecosystem and share insights into his cascade of experiences, the first round is expected to set off at the Inter-luxury H...


Wegagen Bank Launches its Mobile App

Embracing the digital realm, Wegagen Bank officially launched its mobile banking application last week. The App was inaugurated in Dire Dewa City, with Yehwalashet Zewdu, vice president of the Bank Enterprise Services, showcasing its service that provides secure and seamless financial services. According to Yehwalashet, Wegagen Mobile meets the evolving needs of its clientele in Amharic, English, Afan Oromo, Tigrigna and Somali languages. Incorporated in 1997, Wegagen Bank has grown to become...


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...