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Chapa Deal Brings ATM-Linked Ticket Payments to Ethiopian Airlines


Chapa Deal Brings ATM-Linked Ticket Payments to Ethiopian Airlines

Ethiopian Airlines has partnered with Chapa Digital Payment Technologies to integrate direct bank payments into its ticketing system, enabling customers to use their ATM cards across all connected banks. The agreement was signed on October 30 at the Skylight Hotel under the licensed endorsement of both institutions. Chapa, which links over 1,500 businesses and has facilitated transactions exceeding 50 billion Br in four years, plans to simplify payments and promote digital innovation. Nael Hailemariam, CEO and co-founder, said the integration marks “a critical step toward more flexible digital payments.” Hailemelekot Mamo, vice president of Ethiopian Airlines’ Holiday, Digital Sales, and Global Customer Interaction Centre, added that the initiative supports youth empowerment and advances local technological capacity.

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Radar

Federal Prosecutors Accuse Public Officials, Contractors of Corruption, Alleged Illicit Fund Transfers

Federal prosecutors have filed corruption and money laundering charges against 11 defendants, including Nigstu Bogale, Coordinator of the Development Project for Response to the Impact of Refugees in the Horn of Africa at the Ministry of Agriculture, Biniyam Fantaye and Taye Habte, senior irrigation engineers involved in the Development Response to Displacement Impacts Project (DRDIP-II), as well as private individuals and construction company representatives. The case alleges losses and illicit...


Radar

EIH Transitions to New Headquarters as It Oversees Major State-Owned Enterprises

Ethiopian Investment Holdings (EIH) is relocating its headquarters from its current site on General Wingate Street. The former headquarters was located behind the Ministry of Industry and near Abrehot Library. The new office is expected to be on Mozambique Street, along the route from Mexico Square to Bulgaria Road. The building belongs to one of EIH's subsidiaries, and all departments are set to move there as interior design and finishing works continue. Under the leadership of Brook Taye...


Radar

Import Substitution Push Lifts Domestic Manufacturing, Industrial Recovery

A push for import substitution and industrial expansion has prioritised 96 strategic products for local manufacturing. The “Ethiopia Tamirt” initiative reports 4.85 billion dollars in savings, supported by trade fairs linking local producers to domestic and international markets. On average, 700 new projects enter the market annually, contributing to more than 2,800 investments over four years. At the grassroots level, 18,000 SMEs have been established, while 993 dormant factories have...