Land Bank Corp, Architects Ink Deal for Landholding Dev't

Apr 12 , 2020


[ssba-buttons]

The Land Bank & Development Corporation has signed an agreement with the Association of Ethiopian Architects to work in partnership for landholding development. The agreement was signed during a virtual meeting between Lensa Mekonnen, CEO of the Land Bank & Development Corporation, and Amanuel Teshome, president of the Association of Ethiopian Architects. The agreement will enable the two parties to co-assess and make baseline analyses of Addis Abeba city development-related plans, designs and strategies. The deal will also enable the duo to conduct international baseline analyses for the development of federal government district offices, including analyses of the re-location of government offices. The two parties will also co-design federal government offices and host workshops on topics pertinent to landholding development in strategically selected city administrations across regional states.


Radar

Milkii App Disburses 25 Million Br in Collateral-Free Loans in Two Months

Oromia Bank's new collateral-free digital lending app, Milkii, has disbursed 25 million Br in loans without requiring collateral. Of this, 16 million Br has already been repaid, generating 1.4 million Br in revenue within just two months. Developed in partnership with Quantum Technology PLC, the app plans to make lending more accessible and inclusive, aligning with Oromia Bank's contribution to the Digital Ethiopia initiative. According to a press release, Milkii promotes financial inclusi...


Radar

Ethiopia Partners with UK to Ease Shipping Bottlenecks

The Ethiopian Freight Forwarders & Shipping Agents Association (EFFSAA) and the British International Freight Association (BIFA) signed a memorandum of understanding (MoU) on May 27, 2025, at Hilton Hotel Addis Abeba, to address skills gaps, customs delays, and corridor inefficiencies in the freight and logistics sector. The partnership focuses on technical cooperation, training, and regulatory reform. With over 90pc of trade dependent on the Djibouti corridor, rising congestion, customs...


Radar

Education Authority Sanctions Mishqen College for Rule Violations

The Education & Training Authority has issued a decisive directive last week, mandating legal action against Mishqen College for persistently defying regulatory orders and unlawfully continuing to offer higher education services. Mishqen College had previously been licensed to conduct undergraduate distance learning programs across multiple regions from 2019 to 2022. However, after serious regulatory breaches, the institution was ordered to cease all instruction, complete pending academic...