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CBE EMBARKS ON DIGITAL FUEL PAYMENT PLATFORM

August 20 , 2022

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CBE EMBARKS ON DIGITAL FUEL PAYMENT PLATFORM

The state-owned Commercial Bank of Ethiopia (CBE) has struck a deal with a local
software developer for an application that would enable digital payments at fuel
stations. Dubbed "Nedaj", the app developed by Eaglelion System Technology Plc
over the past year will be able to integrate CBE accounts to allow users to
transact payments for petroleum products. The Bank is rolling out a pilot
project using over 1,300 vehicles it owns. Incorporated three years ago with 15
million Br in registered capital, Eaglelion has previously developed
micro-credit and digital remittance platforms for Dashen Bank and the Bank of
Abyssinia. The CBE has registered over 27.4 million accounts on its digital
platforms. Its digital network comprises close to 40,000 CBE Birr agents and
68,000 merchants. The Bank operates over 1,800 branches and close to 2,800 ATMs.

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UMBRELLA DISPLAY

In the populated area of Megenagna, where there is a lot of foot traffic for
street vendors to get potential customers, umbrellas are displayed. It is a hot
item for the rainy season. They come in different colours, to be as aesthetic as
functional...

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FLAG MEN

Decorating streets is not an easy task. It requires many workers to do manual
and tiring work. In this case, one worker could be seen moving a ladder to
another location on Africa Avenue, around Flamingo Restaurant. They are
collecting flags that were hanged up and putting them in a pickup...

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LOW-BED BLOCK

Construction sites are a constant source of road blockage. This low-bed truck
coming out of a construction site has blocked the road around Sengatera as it
tries to turn and move. Motorcycle drivers are trying to figure out a way around
it. Only the street dogs are unfazed...

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Hotel,
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COVID UPDATE

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Total cases Reported In Ethiopia:
New cases Reported In Ethiopia:
Critical in Ethiopia:
Active cases Reported In Ethiopia:
New Deaths Reported In Ethiopia:
Total Deaths Reported In Ethiopia:
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RECOMMEND LINKS;

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Assemblers Dial it InFinancial Sector-sourced Glucose Drips No Remedy to Save
EconomyGov't Imposes Price Thresholds for ECX Oilseed Trade

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