Wegagen Bank expanded its data and system network at a cost of 150 million Br for its headquarters. The expansion included the installation of new network and security systems and the construction of a data centre facility. The expansion of the data and network system for its headquarters located along Ras Mekonnen Street took one year to finalise. The new system began giving service last week, after all branches and ATMs were brought offline on November 15 and 16. To install the data centre facility, a joint venture was formed between Alta Computer and Inlaks. Moti Engineering was hired for the installation of the network and security system. Alta Computec, a multi-vendor IT systems integrator, was established in 1994 with a capital of 15,000 dollars that has now grown to 25 million dollars. Its joint venture partner Inlaks has over 31 years of industry experience and has a customer base that includes the Apex Bank and 18 of the 24 banks in Nigeria and the West African region. Established in 1997, Wegagen Bank, which now has a network of 211 branches, of which 83 are in Addis Abeba, began giving service with its upgraded data and network system on November 18, 2019.
April 10 , 2021
It is not often the case for regional states' leaders to swallow their vanity and dec...
April 3 , 2021
As an Auditor General, he was not the most conspicous of officials in the mainstream...
March 27 , 2021
In an unprecedented turn of irony, just as Ethiopia began an attempt to open up to th...
March 20 , 2021
There is never a dull moment in the tense and combative relationship between regulato...
March 27 , 2021 . By BAMLAK FIKADU
An application developer who has recently taken up hiking to get some exercise, Migno...
February 13 , 2021 . By TADESSE TSEGAYE
In Arada, I stopped over by a hotel in front of Cinema Empire. I sat alone inside wit...
January 30 , 2021 . By FASIKA TADESSE
The Council of Ministers approved a regulation that will establish the Liability &...
January 16 , 2021
It was a sunny day on September 12, 1974. A machine gun mounted on top of a tank was...