Israel Backs Locust Fight in Ethiopia

Nov 14 , 2020

The government of Israel has donated 27 drones to support Ethiopia in the ongoing fight against desert locust swarms. Alongside the donation of drones, an Israeli locust fighting task force arrived in Ethiopia last week to assist in combating the worst locust invasion the country has seen in 25 years. Members of the task force, which will remain in the country for two weeks, are expected to join forces with their Ethiopian counterparts at the Ministry of Agriculture to tackle the invasion. During their stay, the task force will proffer training to 200 Ethiopian experts. The team has already headed to the Somali Regional State to give on-site training. Before heading to the field, the task force presented its mission programmes and methods to Minister of Agriculture Oumer Hussien. In addition to the drones, the task force has donated two generators to the Ministry.


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...