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Ethiopia: Walia Merges With PSETSE for Civil Servants Transportation

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Category: Latest Business Alerts

Public Service Employees Transport Service Enterprise (PSETSE) is going to merge with Walia Intercity Bus Service Enterprise in order to start giving the awaited transportation service to government employees in less than a quarter of a year.

Last Updated on 22 July 2014
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Ethiopia: Water Engineering Institute to Be Built

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Category: Latest Business Alerts

Ethiopian Water Works Construction Enterprise is going to establish a water engineering training institute at an out lay of 200 Million Birr.

Last Updated on 02 December 2014
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Ethiopia: Wegagen Bank and IFC Sign USD 10 Million Trade Finance Guarantee Agreement

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Category: Banking and Finance

Wegagen IFC

On April 9, Wegagen Bank and the International Finance Corporation (IFC), a member of the World Bank Group, signed a strategic partnership agreement to establish a USD 10 million trade finance guarantee facility.

Last Updated on 13 April 2026
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Ethiopia: Wegagen Bank and Mpesa Partner to Offer Digital Payment Services

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Category: Banking and Finance

Wegagen Mpesa

Wegagen Bank and Mpesa, a mobile banking platform offered by Safaricom Ethiopia, have joined forces to provide customers with convenient digital payment solutions. This partnership, approved by the National Bank of Ethiopia, aims to eliminate the need for cash transactions.

Last Updated on 31 May 2024
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Ethiopia: Wegagen Bank Bagged 375.6 Million Birr

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Category: Latest Business Alerts

Wegagen Bank announced it has bagged a gross profit of 478.5 million Birr, which is 375.6 million Birr after tax, in the last fiscal year. The bank’s profit shows an increase of 26 million Birr when compared to its performance in 2014/2015.

Last Updated on 16 November 2016
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