Enterprise Receives Reach-Stackers

Jan 12 , 2019


[ssba-buttons]

The Ethiopian Shipping & Logistics Services Enterprise received 13 reach-stackers ordered for five million Euros. Supplied by Konecranes Lift Trucks, a Swedish manufacturer and supplier, the reach-stackers have a capacity of lifting 45tn of goods each. Out of the total, ten will be allotted for Modjo Dry Port, while the remaining will be designated to Qality, Dire Dewa and Kombolcha Dry Ports. The majority will go to Modjo as it is the busiest dry port, according to Ashebir Nota, team leader of promotion & events organization at the Enterprise. Modjo Dry Port has been operating with four reach-stackers. “The new reach-stackers will increase the flow of goods by 200Pc,” said Dereje Mideksa, director of Modjo Dry Port.


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...