FAO to Launch Agricultural Innovation Hub in Ethiopia

Jan 29 , 2022

The Food & Agriculture Organisation (FAO) has announced it is launching a network of in-country innovation hubs in Ethiopia. Established by the FAO and Ethiopia's agricultural institutions, the initiative is expected to support farmers and value chain actors. The network of in-country innovation hubs is a subprogramme of the Global Network of Digital Agriculture Innovation Hubs. It aims to accelerate the development of digital innovation in the agri-food sector and focuses especially on youth and women, seeking to increase their skills and competitiveness. Similar hubs will also be set up in Dominica, Grenada, and Morocco. Agriculture remains the pillar of the Ethiopian economy, accounting for over two-thirds of exports and 35pc of gross domestic product (GDP).


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...