Ethiopians at home and abroad have raised more than 12.3 billion birr for the Grand Ethiopian Renaissance Dam (GERD) project.

Minister of Water, Irrigation and Energy, Dr Engineer Seleshi Bekele today briefed members of the Ethiopian parliament about the current status of the project.

“Ethiopians have so far raised 12.31 billion birr for the project through bond purchase and donation,” he told the MPs.

Diaspora Ethiopians alone have raised 46 million US dollars through donation and other funding mechanisms, the Minister added. He further urged the people to continue their support. 

Ethiopian, Hibret Bank Launch CoBranded Debit Card

ADDIS ABEBA – Ethiopian Airlines and Hibret Bank have launched the first Co-branded debit card tailored to provide Ethiopian Sheba Miles members with bonus miles for their spending using the debit card.

The new debit Card entitles ShebaMiles members to 5 bonus miles for every 100-birr spending made with the Co-Branded Card.

Regarding the launch of the co-branding, Mr. TewoldeGebreMariam, Group CEO of Ethiopian Airlines remarked, “We are extremely pleased to have partnered with Hibret Bank on the co-branding program, which brings with it a superior value proposition to all our ShebaMiles members”.  The new Co-branded card is accessible at all Hibret Bank branches. (Daily Monitor)