First Batch of WHO Supplies Reach Meqelle

Feb 12 , 2022

The World Health Organisation (WHO) dispatched the first batch of medicines, medical supplies and equipment to Tigray Regional State last week. The 10tn shipment arrived in Meqelle, capital of Tigray, aboard two United Nations Humanitarian Air Services (UNHAS) flights. It is the first round of 33.5tn of supplies and equipment the WHO plans to airlift into Tigray in the coming days. The United Nations Office for the Coordination of Humanitarian Affairs (UN-OCHA) warns that assistance via air "is far from what is required to support the response in the region." It estimates that 9.4 million people are in need of emergency assistance in the country's northern regions, requiring 957 million dollars in funding, over a third of which remains outstanding.


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...