DHL-Ethiopian Logistics Services Gets New Boss

Sep 28 , 2019


[ssba-buttons]

Berhanu Kassa became the new director general of DHL-Ethiopian Airlines Logistics Services, a joint venture company that was formed by Ethiopian Airlines and DHL Global Forwarding. Berhanu, who was the director of the logistics service at Ethiopian Airlines, replaces Pramod Bagalwadi. The company has been building up its strength in the past year, according to Berhanu, who has also served as director of cargo, global sales & services and the country manager of Angola. It has already set up three stations in Addis Abeba Bole International Airport and in the major manufacturing hubs of Hawassa and Bole Lemi industrial parks. “We're planning to launch a fourth station at the Modjo Dry Port by early 2020," he said. "Our stations are strategically located to give us easy access to our customers, allowing us to achieve time and cost efficiency." The two parties signed the joint venture agreement last year following the government’s decision to liberalise key sectors of the economy.  


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...