Gemshu Secures 1.2b Br Road Project

FORTUNE+ VIDEO SPONSORED CONTENTS ADVERTORIALS FORTUNE AUDIO Fortune Careers New TRADE AFRICA New

Gemshu Secures 1.2b Br Road Project

Jun 8 , 2019

[ssba-buttons]

Ethiopian Roads Authority launched the construction of a road between Shukute to Chlute in West Shoa Zone of Oromia Regional State. The road will be constructed by Gemshu Beyene Construction Plc. The 63Km long road will consume over 1.2 billion Br and will connect three woredas - Jeldu, Abuna Ginde Beret and Ginde Beret, according to Habtamu Tegegn, director general of Ethiopian Roads Authority. The construction project is expected to take three years to complete, meanwhile, the Ginchie-Shukute road project is being built at a cost of 898 million Br and is making good progress. “The new asphalt road construction will stimulate the region’s economy by making it easy to transport agricultural products,” said Shimelis Abdissa, deputy president of the Oromia Regional State.

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...

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...

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...

News Alert