Tigray State Swears in Election Commissioner

Jul 18 , 2020

Tigray Regional State has sworn in Muluwork Kidanemariam, aka Memhir Muluwork, as the region's election commissioner. Muluwork, a political economy major, was approved as a commissioner by the Tigray Regional State Council last week. The commissioner, who was a member of the Ethiopian People's Revolutionary Party in his youth, will have a six-year term with the possibility of a one-term extension, according to the newly legislated regional election law of Tigray. Tsegreda Dibekul has been selected as the deputy commissioner, while Tseg Berhane (PhD), science and technology bureau head for the Regional State, Meressa Tsehaye and Mohammed Sied, have been selected as members. A committee of 10, composed of religious leaders, workers associations, civil associations and the business chamber of Tigray, accepted nominations from political parties, civil society and the public from July 12 to 14, 2020, by telephone. The committee had accepted over 750 phone calls, according to the head of the committee. The election commission will be tasked with the responsibility of establishing election districts, voter and candidate registration and ensuring civic education is provided throughout the region.  


Abyssinia Bank Taps to Digital Loan Solution

The Bank of Abyssinia (BoA) is moving forward to provide banking solutions facilitating microloans. The Bank has hired an Indian-based tech vendor Newgen Software Company, that bagged the international bid on December 22, 2022. Over 10 companies have shown interest in the bid floated by the bank four months ago. The solution provider has committed to completing the project in six months with Yonas Daniel, regional manager for Newgen, and Menbereselassie Gebrekidan, procurement director at Aby...



Bank of Abyssinia rolls out banking services on a truck around Meskel square in the capital. With less than half of Ethiopian adults having access to bank accounts, financial inclusion is a major issue. The central bank revealed in August 2022 that 8,944 commercial bank branches exist in the country. The 30 commercial banks currently in operation offer credit services to less than 400,000 customers charging an average of 17pc interest on asset-backed loans...



Left) Elias Woldu and Mesnbet Shinkute sign a Memorandum of Understanding on behalf of the Ethio-American and Addis Abeba Chamber of Commerce & Sectoral Association, respectively. Some estimates put the number of Ethiopian diaspora living abroad at over two million people, larger than the population of several small nations. Continued economic and political deprivation has forced many to leave the country for better opportunities. While migration to other countries is still high, the number...