Ethiopian, Abay Join up for E-Payments

Jan 5 , 2020

Abay Bank and Ethiopian Airlines Group have signed an agreement to expand air ticket payment options through the Airline's mobile application. The agreement enables customers to have the option of paying via Abay Bank when they buy their tickets online using their phones. The payment option was first launched on December 13, 2019, advancing the airline's digital service offerings further. After the launch, the airline was able to sell one million Br worth of tickets through the Bank. The Airline's mobile app offers six international and 13 local payment systems, and it is available in three languages: Amharic, Afan Oromo and Tigrinya. Ethiopian has similar agreements with United, Dashen, Commercial Bank of Ethiopia and Awash banks. The nine-year-old Abay Bank had a paid-up capital of 1.7 billion Br in the last fiscal year with the number of its shareholders reaching 4,158. The Bank's mobile banking service has already reached 250,000 customers.



They say, "Where there is traffic, there is business." It reflects the colour of Addis Abeba roads and roundabouts. Around Bole, commonly known as the Ring Road, vendors serve tea and snacks underneath a bridge. Owing to these selling methods allow pedestrians and drivers to get the service they need while walking and driving. Despite that, such practice has become a frequent encounter in the heart of the city streets. The most common purpose of a ring road is to reduce traffic volumes in the ur...



Pedestrian walkways around Addis Abeba are growing smaller by the day, competing to gain a foothold in the public spaces. The city, which prides itself as Africa's political and diplomatic capital, becomes a showcase of contrast. Beauty and affluence wrestle destitution and poverty to claim space. Vendors have displayed their second-hand outfits, shoes and luggage for sale on a roundabout in front of the Ministry of Education, up at the Arat Kilo area...



Retired city buses were once converted to bakery outlets retailing bread supplied by ‘Sheger Bakery' during their twilight zone. The city administration had used Anbessa City buses as its retail shops before formal outlets replaced them. Sheger Bakery, touted as the largest bakery and flour factory with the potential of baking two million loaves of bread daily, was to cater for millions of people in Addis Abeba with a subsidized bread supply but failed to live up to expectations. The old city...