Export Development Forum Opens in Ethiopia

Nov 23 , 2019


[ssba-buttons]

The World Export Development Forum opened in Addis Abeba today under the theme "Trade and Invest in One Africa." The International Trade Centre and the Ethiopian Ministry of Trade & Industry are jointly hosting the Forum. Present during the opening of the Forum were high ranking government officials such as Sahle-Work Zewde, president of Ethiopia. The forum attracted business leaders, policymakers, entrepreneurs, trade development officials, representatives of international organisations, trade and investment promotion agencies and business associations across the world. The Forum is timed to contribute to Africa Industrialization Week, which is intended to help businesses make the most of the newly ratified African Continental Free Trade Agreement with a special focus on the role of women and youth and to address international business competitiveness issues and profile international investment in Ethiopia and beyond. During the event, a business-to-business matchmaking platform that aims to create new business deals in agribusiness was also organised in partnership with the Ethiopian Chamber of Commerce & Sectoral Associations.


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...