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BGI Ethiopia launches internship program
Spread the NewsBGI Ethiopia has officially launched its internship program by recruiting students from Addis Ababa University (AAU). The program was held on Tuesday, February 15, 2022 at the premises of AAU. It was on October 2020 that BGI Ethiopia signed a memorandum of understanding with AAU, to implement the BGI XP internship Program. Back…

Finance expert urges merger of local banks to compete with foreign counterparts
Spread the NewsBy Yared Nigussie Merger of local banks is very crucial to compete with the foreign banks, which are expected to join the Ethiopian market following the financial liberalization decision by the government, a renowned financial expert urged. The total capital of Ethiopian private banks was not more than $1.2 billion in 2021/22 fiscal…

Dashen Bank, Ethio Telecom launch mobile money credit services
Spread the NewsEthio telecom launched integrated digital financial services in partnership with Dashen Bank. Dashen Bank will support the financial services with funding while Ethio Telecom is also responsible to develop technological solutions. Three new services will be offered by the partnership of Ethio telecom and Dashen Bank through the mobile money platform Telebirr, which…

Ethiopia receives natural gas reserves certificate
Spread the NewsThe Ministry of Mines received the first gas reserves certificate after the completion of a five month study, which verified the extent of oil and natural gas reserves in Ethiopia and how it’s going to be extracted. Netherland, Sewell & Associates, Inc (NSAI) spent five months to conduct the regional geology and mining…

TotalEnergies launches this year Startupper challenge
Spread the NewsTotalEnergies has announced that it has launched the third edition of the Startupper of the year challenge on Tuesday. For this edition, the Startupper of the Year Challenge by TotalEnergies is poised to support and reward young local entrepreneurs between ages of 18 and 35, who either have a business creation project or…

Ethio Telecom, CNET Software Technologies launch integrated digital service charge system
Spread the NewsEthio Telecom and CNET software technologies signed an agreement to implement telebirr and CNET integrated payment system that would enable the CNET Software Technologies partners’ to get their customers settle service charges and transactions using telebirr, a mobile money platform. Specifically, the implementation of telebirr & CNET integrated payment system will play crucial…