Somali's Council Re-elects Mustafa Mohammed President

Oct 23 , 2021


[ssba-buttons]

The Somali Regional Council, established last week, has elected Mustafa Mohammed as its chief administrator. Mustafa has been serving as administrator of the region for the past three years. He was appointed to replace the interim President Ahmed Abd,i who was appointed after Abdi Illey. Ayan Mohamed was also appointed as speaker of the Council and Ibrahim Hassen as deputy speaker. In the elections held in September, the Prosperity Party enjoyed a landslide victory, securing all of the 23  parliamentary seats and all but one of the 72 regional council seats. The 36 member council of Harari Regional State has re-elected Ordin Bedri to serve as its President.


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...