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Oromia Bank, bureau agree to work on payments
Spread the NewsThe recently rebranded Oromia Bank and Oromia Water and Energy Resource Development Bureau signed a Memorandum of Understanding (MoU) to work on collection of payments. The agreement has been signed by Woldie Bulto, Vice President of Oromia Bank and Million Bekele (Engineer), Head of Oromia Water and Energy Resource Development Bureau. The agreement…

Chinese company seeks to invest in rapeseed oil production
Spread the NewsZhejiang YaoHeng Photoelectric Technology, a Chinese firm, has expressed interest to invest in the Agro-processing sector of Ethiopia, particularly in the production and export of rapeseed oil. Representatives from the Chinese company held a virtual discussion on Thursday with Lelise Neme, Ethiopian Investment Commission Commissioner (EIC), Ambassador Gebeyhu Ganga, Directorate General of…

Bunna Bank awards customers
Spread the NewsBunna Bank Share Company has awarded its customers, who are working in mass and freight transport services. The awards have been presented to Bank’s 34 lucky customers on Thursday in a program held at Ghion Hotel. This round of “Save and get prized” program has been held for the sixth time. The awards…

Dashen Bank, Thunes join hands for cross-border payments
Spread the NewsDashen Bank has officially entered into a partnership with Thunes to facilitate fund transfers across the globe to Ethiopia. The partnership with Thunes, a leading global payments network to facilitate cross-border fund transfers is expected to make it quicker and cheaper to send money to Ethiopia from across the world directly to customers’…

African nations call for transformation of air transport, tourism sectors
Spread the NewsThe Economic Commission for Africa (ECA), in collaboration with Google Africa and Africa 24, held the fifth Africa Business Forum on the margins of the thirty-fifth ordinary session of the African Union Assembly of Heads of State and Government. Delegates from the public and private sectors met in person and virtually to discuss…

Nib International Bank contributes 3 mln Birr for Children’s Heart Fund
Spread the NewsNib International Bank (NIB) has contributed 3 million Birr for The Children’s Heart Fund of Ethiopia. NIB has been making contribution to the Fund for over 14 years since its construction, according to Hiruy Ali, CEO of The Children’s Heart Fund of Ethiopia. “NIB’s contribution will be utilized to purchase echocardiogram (echo), which…