Shipping Enterprise Announces Plans for Jimma Terminal

Apr 9 , 2022


[ssba-buttons]

The Ethiopian Shipping & Logistics Services Enterprise (ESLSE) has announced plans to erect a new dry port and terminal post in Jimma town, Oromia Regional State. The port to be erected on 20ht of land along the highway from Jimma to Bonga in the South Western Regional State. It will be the Enterprise's ninth such terminal. Executives of the ESLSE say the location, some 370Km southwest of Addis Abeba, was chosen as a strategic port to facilitate logistics services for coffee and other agricultural products grown extensively in the region. Southwestern Ethiopia is a hub for coffee production. The cash crop remains the country's top export item, bringing in nearly 750 million dollars over the first eight months of the financial year. Executives of the ESLSE say the location, some 370Km southwest of Addis Abeba, was chosen as a strategic port to facilitate logistics services for coffee and other agricultural products grown extensively in the region.


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...


Radar

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...


Radar

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...