Looking to bring unbanked sections of the Ethiopian population into the formal financial sector and enable low-cost credit and savings service, Ethio Telecom has partnered with Dashen Bank to launch telebirr digital financial services. Micro loan, overdraft and micro saving are services to be offered in partnership with the 25-year-old bank as per a permit given by the National Bank of Ethiopia.

Accordingly, Ethio Telecom offers three different financial services, namely telebirr Mela (micro credit), enabling customers to borrow money for any transaction or withdrawal, telebirr Endekise (credit pay/ overdraft service), permitting users to borrow up to ETB2,000 in an emergency transaction, and telebirr Sanduq (micro savings service). The services are accessible on the telebirr app as well as by dialing *127#.

Nissan Navara PRO-4X pickup vehicle’s latest edition was presented to the public by Nyala Motors—the 50-year-old local representative of Nissan Motors. According to Mesfin Bogale, General Manager of the company, the “Nissan Navara PRO-4X” is a luxury vehicle that is both comfortable and having better safety features than other vehicles made by Nissan, while adding that it is also dependable, fuel-efficient, modern, and appropriate for the country.

In collecting ETB61.3 billion in revenue, Ethio Telecom credited its network and system expansion andoptimization works. In all, 67 new and 77 revamped local and international products and services were offered to the parastatal’s customers. The budget year of 01 July 2021 to 30 June 2022 saw the commencement of the three-year BRIDGE growth strategy. This strategy and new offerings are preparations for the upcoming competitive market.

Dubai is working to make itself the main center of the world economy, as well as an investment hub and tourism destination. Towards this, Stella Fubara, Director of International Operations with the Dubai Department of Tourism & Commerce Marketing (DTCM), is in Ethiopia. Stella arrived with Tonye Princewill, CEO of RivExcel, an international management company with a strong presence in Africa, UK, UAE, the Caribbean. RivExcel is assigned to undertake works on the African continent with regards to DTCM, or Dubai Tourism.

The BIG 5 Construct Ethiopia is to be held at the Millennium Hall in May 2023. Endorsed by the Ministry of Urban Development and Infrastructure, the exhibition will showcase opportunities across Ethiopia’s construction sector, which currently contributes 5Pct towards Ethiopia’s workforce, according to the Central Statistics Service (CSS).

Organized by dmg events and its local partner Ethel Events and Communication, and part of The Big 5 global series of events, the three-day exhibition is to host local, and international attendees that are intent on taking part in Ethiopia’s growing construction sector. The goal of The Big 5 Construct Ethiopia is to accelerate construction industry innovations and complement Ethiopia’s economic growth, investment, and a sustainably built environment.