Garment College Puts Down Roots in Meqelle

Sep 21 , 2019

The United Nations Industrial Development Organization (UNIDO) has built a leather centre of excellence and garment college at Meqelle, Tigray Regional State. The centre of excellence can enroll 200 students a year and give classes up to level four courses. The project was inaugurated last week in the presence of Fetlwork Gebregiyzabher, minister of Trade & Industry, and Aurelia Calabro, UNIDO representative and director of the regional hub. The project is part of a 2.6-million-dollar UNIDO project called the “capacity-building and job creation for youth and women in the textile sector in migration prone areas of Ethiopia.” Funded by the Italian Government, the project has been developed to reduce irregular migration from Northern and Central Ethiopia by creating economic and employment opportunities.


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...