Addis Ababa, Ethiopia – May 17, 2024
The Ethiopian Economics Association (EEA) and Oromia Bank (OB) solidified a significant partnership today, signing a Memorandum of Understanding (MoU) at the Oromia Bank headquarters. This strategic collaboration centers on advancing resources through joint research, training initiatives, and events.
The partnership capitalizes on the synergies between the two institutions. The EEA contributes significant expertise in economic research and policy engagement, while OB possesses a wide-reaching network and a strong dedication to enhancing customer experience, with a focus on empowering the underserved middle segment and fulfilling social responsibilities.
Professor Tassew Woldehanna, President of the EEA, underscored the MoU’s significance. “This collaboration is vital to maximizing the performance of both institutions by leveraging our combined expertise in research and capacity building,” he remarked. Mr. Faysel Yassin, Oromia Bank’s Chief Officer of Corporate Banking and International Trade, concurred, emphasizing the importance of collaboration for shared success and driving meaningful change within the financial services sector.
The MoU is expected to foster knowledge sharing, improved communication, and a more collaborative environment. By combining their expertise, the EEA and Oromia Bank aim to co-create innovative projects that significantly contribute to the development of Ethiopia’s financial sector.
