Category: Business

Expanding Access to Finance: Zemen Saving and Credit Opens Seventh Branch in Abi Adi City

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Category: Finance | Community Development | PartnershipsDate: 15 / August / 2025 Zemen Saving and Credit Cooperative proudly inaugurated its seventh branch in Abi Adi City, reinforcing its commitment to expand financial services and empower communities across Tigray. The new branch is a milestone in the cooperative’s ongoing journey to provide accessible, reliable, and community-centered financial solutions. The colorful inauguration ceremony was graced by the Mayor of Abi Adi City, Mr. Teklay Tesfay, who officially opened the branch together with Zemen Saving and Credit’s Board members. Distinguished guests from the…

Tigray’s Business Under Siege: How Political Instability and Corruption Are Crushing Economic Recovery

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Mekelle, Tigray – July 2025 More than two years after the guns quieted in Tigray, the promise of economic recovery and private sector growth is slipping through the region’s fingers. A toxic mix of political infighting, propaganda warfare, and unresolved insecurity is choking the region’s fragile business ecosystem, especially for newly established enterprises and investors who hoped to be part of Tigray’s reconstruction. A Region Ripe for Recovery, Now Paralyzed by Power Struggles Post-conflict Tigray was expected to be a hotspot for investment, entrepreneurship, and international development. With a resilient…