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ECA’s macroeconomic modeling workshop addresses technical needs of African countries
Spread the NewsPolicymakers from various African countries as well as representatives of research institutions met on Thursday 29 September in a day-long hybrid workshop organized by the Economic Commission for Africa on the theme “shocks and macroeconomic analysis.” The meeting provided opportunity for sharing best practices in the utilization of various macroeconomic modelling tools. The…

Wegagen Bank S.C. donates 500,000 Birr to Hamlin Fistula Ethiopia
Spread the NewsWegagen Bank Share Company has provided a financial support of half a million Birr to Hamlin Fistula Ethiopia on Friday. The Bank’s donation will help to strengthen activities of the Hamlin Fistula Ethiopia where women suffering from obstetric fistula have been getting a medical care, Hailu Molla, Vice Board Chairperson of the Board…

Tsehay Bank to launch operations
Spread the NewsTsehay Bank Share Company is poised to officially launch operations on Saturday, July 23, 2022. Tsehay Bank will officially launch operations at its Headquarters—Meaza Desalegn building—in front of Global Hotel. It has a business motto: “Tsehay Bank for All”. The Bank has collected 734 million Birr in paid-up capital and it has 3…

Ethio telecom, Agency sign partnership agreement to implement telebirr based service payments
Spread the NewsEthio telecom and the Federal Documents Authentication and Registration Agency (DARA) signed a partnership agreement to enable the customers of the agency utilize the telebirr payment system to settle their service payments. The agreement was signed on Thursday at Sheraton Addis Hotel between Frehiwot Tamiru, CEO of Ethio Telecom and Muluken Amare, General…

Ethio telecom, EPSE, Ministry ink MoU to implement fuel deal
Spread the NewsEthio Telecom, Ministry of Transport and Logistics and Ethiopian Petroleum Supply Enterprise (EPSE) have inked a deal that would enable fuel-subsidy beneficiary vehicles use mobile money platform to pay for fuel at gas stations. Telebirr, a mobile money service, which has been developed by Ethio Telecom, will be used to pay the payment…

United Capital Group keen to invest in Ethiopia’s natural gas
Spread the NewsUnited Capital Group has expressed its interest to invest in Ethiopia’s natural gas exploration and development sector. Takele Uma, Minister of Mines announced that discussion has been held with United Capital Group delegates led by Prince Abbas bin Ali bin Nayef of Jordan pertaining to investments in natural gas on Tuesday at the…