The top ten economies by Gross Domestic Product in Africa all have active competition regulation, save for Angola and Nigeria but those countries are in the process of establishing completion law regimes, which are expected to be up and running soon.
Ethiopian Airlines is championing regional integration through its flights to over 50 destinations on the continent, Executive director of United Nations Economic Commission for Africa, UNECA, Vera Songwe has said.
JICA signs $27 million deal with Ethiopia for construction of TICAD Human Resource Development Center for Business and Industry
The Japan International Cooperation Agency (JICA) has signed a grant agreement with the Government of Ethiopia to provide grant aid of up to $27 million, for the Construction of TICAD Human Resource Development Center for Business and Industry.
Ethiopian Airlines has launched three new flights to Kisangani and Mbuji Mayi in the Democratic Republic of the Congo (DRC) and Nosy-Be in Madagascar.
Ethiopian Airlines has launched three new flights to Kisangani and Mbuji Mayi in the Democratic Republic of the Congo (DRC) and Nosy-Be in Madagascar.
Ethiopian Airlines launches Winglets technology in Northern Africa to save fuel and conserve environment
Aviation Partners Boeing, APB, has announced that Ethiopian Airlines has become the first operator in Northern Africa of its latest Split Scimitar Winglet technology.
GE Power and FieldCore, the company’s independent field services execution arm, have successfully restarted Metahara Sugar Factory in Ethiopia, seven months after the plant was severely damaged by a major thunderstorm.
GE’s Power Services business and FieldCore, GE’s customer-focused field services company have successfully restarted Metahara Sugar factory in Ethiopia, seven months after the plant was severely damaged by a major thunderstorm.
Canadian oil and gas company Africa Oil Corp has completed the previously announced investment in Impact Oil and Gas Limited, a private UK company with exploration assets in South and West Africa.
The African Development Bank has expanded its flagship publication, the African Economic Outlook, with five regional reports.
Africa’s largest airline group, Ethiopian Airlines has started flying five times a week to Buenos Aires, Argentina.
Ethiopia national carrier will start thrice weekly service to Nosy-Be, Madagascar on March 27, 2018.
The English Access Microscholarship Program in Bahir Dar has been launched at Bahir Dar University.
Ethiopian Airlines has become the first A350 XWB Simulator operator in Africa and among the few in the world.
Ethiopian Airlines is the latest client of DoKaSch Temperature Solutions, the provider of climate-controlled solutions for air cargo, for its Opticooler.
Ethiopian Airlines Group, the largest Aviation Holding Company in Africa and SKYTRAX certified Four Star Global Airline, will start direct flight from Addis Ababa to Chicago effective as of June 02, 2018.
Ethiopian Airlines, the largest Aviation Group in Africa and SKYTRAX certified Four Star Global Airline, has signed an Agreement with Guinea Airlines, for strategic partnership in management, maintenance and training.
Africa Business Communities will be developing a Tech Platform on its website and is therefore looking for a freelance journalist/webmaster
Egyptian Ambassador to Addis Ababa Abu Bakr Hefny said on Tuesday that Sudan, Egypt and Ethiopia are furthering collaboration, especially at an economic level, given the Cairo-Cape Town road crossing that will soon be established through the three states.
The Assembly of Heads of State and Government of the African Union meeting at their 30th Ordinary Session at the AU Headquarters in Addis Ababa elected on 28th January 2018 a new bureau to pilot the activities of the Union for the year 2018.
Ethiopian Airlines starts dedicated freighter service from Bahir-Dar to Europe to facilitate export of horticultural products
The National flag carrier, Ethiopian Airlines Group, is pleased to announce that it has launched a direct freighter flight from Bahir Dar to Liege, one of the largest Ethiopian flower importer destinations.
InfraCo Africa increases its commitment to $30 million for Ethiopia’s first private geothermal project
InfraCo Africa has signed a Shareholders Agreement with Berkeley Energy, committing $30m of equity investment to Ethiopia's Corbetti Geothermal project, doubling its original commitment of $15m.
Ethiopian Airlines is pleased to announce that it has finalized shareholders agreement with the Government of Zambia for the re-launch of Zambia Airways.
Around 100 million people live in Ethiopia. Over three quarters dont have any access to banking services. The cashless money transfer and payment service, M-BIRR, provides an alternative to a bank branch by enabling payment by mobile phone.
GE Capital Aviation Services to lease Ethiopian Airlines the first two Boeing freighters from Aeronautical Engineers Inc
Ethiopian Cargo and Logistics Services, a division of the Ethiopian Airlines Group, has committed to lease the first two Boeing 737-800 freighters converted by Aeronautical Engineers, Inc
Hazera, a global leader in the seed industry, has successfully introduced the hybrid Shanty tomato to Ethiopia, dramatically impacting the lives of rural farmers.
Ethiopian Airlines is pleased to announce that it will launch direct thrice weekly service to Geneva, Switzerland on June 3, 2018.
Melcon Construction, a local construction firm, is to construct the nation's third most expensive road, costing 536 million Br, extending from Haile Garment to Jemo square.
Samuel Tafesse, the founder of Sunshine Construction, has announced plans to build a solar park in Ethiopia. “At the moment, we are exploring opportunities in power generation,” the 60-year old entrepreneur".
Chorus Aviation Inc. has announced that a subsidiary of Chorus Aviation Capital completed the delivery of two new Bombardier Q400 aircraft placed on long-term lease to Ethiopian Airlines Group.
A new bank under establishment called Dalol Bank SC is subscribing shares by public offering to become the newest entrant to Ethiopia’s banking industry.
Bank of Abyssinia posted the fastest profit growth in seven years owing to the huge improvement in revenues from financial intermediation, making it the third most profitable private bank in the country.
Ethiopian Airlines is pleased to announce that it has availed its mobile application in the apple store and Google Play for customers to download on their mobile phones and use it to transact with the airline for many of its products and services.
The sole telecom provider of the country, Ethio telecom, has announced a bid to partner with individuals for 94 franchised shops around the country.
Egypt said Tuesday the World Bank should be brought in to resolve tensions with Ethiopia over a massive dam on the Nile River that Egypt says threatens its water security.
Ethiopia’s Minister of Agriculture and Natural Resources, Eyasu Abreha, has met Brazil’s Vice-Minister of Agriculture, Livestock and Supply, Eumar Roberto Novack, to discuss cooperation in the areas of productivity, the management of acid soils.
The African Development Bank conducted the first of a series of capacity development sessions on debt management for Ethiopia from December 4-8, 2017 in Addis Ababa.
Ethiopia receives $170million credit facility from World Bank to boost fisheries and livestock sectors
The World Bank has approved an International Development Association (IDA) credit of $170 million to boost the contribution of the livestock and fisheries sectors to Ethiopia’s economy.
Merck, a leading science and technology company, today officially signed a three-year partnership with the NALA Foundation to create greater awareness of schistosomiasis in Ethiopia.
Owing to the success of the Better Mill Initiative in Ethiopia last year, Solidaridad expanded the scope of the programme in 2017.
[Egypt] The Almas Jiwani Foundation announces new strategic partnership with Lions Legacy International
The Almas Jiwani Foundation has announced a new strategic partnership with Lions Legacy International.
The United Nations Development Programme has launched its Income Inequality Trends in Sub-Saharan Africa report.
Ethiopian Airlines has launched a new Mobile Application, which has an array of features that enhance customers’ travel experience with simplified and end-to-end options for flight booking and management by using their Android mobile devices.
Agencies from Ethiopia, Mauritius and Spain have received the 2017 United Nations Awards for Promoting Investment in the Sustainable Development Goals (SDGs.
Ethiopian Airlines, the largest Aviation Group and SKYTRAX certified Four Star Global Airline, is pleased to announce that its first B-787-9 aircraft named after the Chinese capital city Beijing, has made its maiden commercial flight to Beijing.
Ethiopian Airlines, the largest Aviation Group and SKYTRAX certified Four Star Global Airline, is pleased to announce that it has taken delivery of its second Boeing 787-9 Dreamliner fleet on November 21, 2017.
Executive Directors of the African Development Bank Group have approved a loan and a grant amounting to $101.46m for the rehabilitation of power systems in Ethiopia.
Ethiopian Airlines and Boeing announced an order for four Boeing 777 Freighters – the world's largest and longest-range twin-engine cargo jet – in a deal valued at more than $1.3 billion at list prices.
The UK has doubled the amount of export finance it is making available to support UK-Ethiopia bilateral trade.
Africa’s largest airline group, Ethiopian Airlines has finalized preparations to start five weekly flights to Buenos Aires, Argentina, as of March 8, 2018.
Africa’s largest airline group, Ethiopian Airlines, is pleased to inform its customers that it will add a 6th weekly service to and from Yaoundé & Libreville effective November 3, 2017.
Africa’s first Ethiopian B787-9 has landed at Abeid Amani Karume International Airport in Zanzibar.
Members of RENEW’s Impact Angel Network have committed capital to Roadrunner Technology Solutions which will partner with Universal Courier Services to expand the burgeoning logistics and e-commerce industries in Ethiopia.
A Danish-Ethiopian project is on the way to making better use of the milk from Ethiopia’s 11 million dairy cows and to improve the nutrition of low-income families in the country.
Ethiopian, the national flag carrier and the largest airline group in Africa, is pleased to announce that it began scheduled operations to Shire, Indasilssie effective October 25, 2017.
Ethiopian Airlines will become the first in the continent to receive and operate the Boeing 787-9 Dreamliner on October 27, 2017.
That Kenya is in protracted competition with Ethiopia to entice investors and maintain the lead as the East African regional powerhouse is an open secret.
Ethiopian Airlines Group, the largest airline in Africa, and the Ethiopian Airports Services are pleased to announce that they have availed free Wi-Fi connection at its main hub, Addis Ababa Bole International Airport as of October 2017.
Ethiopia extends E-Visa service to Meetings, Incentives, Conferences, and Exhibitions (MICE) participants
Ethiopian Immigration and Nationality Affairs main Department in collaboration with Ethiopian Airlines Group has launched E-Visa service for African and international participants of Meetings, Incentives, Conferences, and Exhibitions to be held in Ethiopia.
The European Investment Bank (EIB) will support private equity investment across Ethiopia though support for the new $100m Cepheus Growth Capital Fund.
Ethiopian, the national flag carrier and the largest airline group in Africa, is pleased to announce the upgrading of Gondar and Axum airports’ facilities to accommodate night flights, and the start of night services to the two cities effective October, 2017.
Ethiopian Airlines Group, the largest airline group in Africa, is pleased to announce that it has been recognized as Middle East and Africa Airline of the Year 2017 by Airline Economics.
Ethiopian Aviation Academy, the largest and the most modern aviation academy in Africa, is pleased to announce that it has graduated 262 aviation professionals.
Digital transformation initiatives in East Africa received a welcome boost as 52 skilled youth graduated from an expanded East African SAP Skills for Africa program.
Temenos, the software specialist for banking and finance, says that Cooperative Bank of Oromia (CBO) has gone live with its UniversalSuite.
Flying even more greener; Ethiopian Airlines Group, the largest airline in Africa, is pleased to announce that it has fully digitalized all its business processes like aircraft maintenance and Flight Operations.
Africa’s largest airline group, Ethiopian Airlines and Azul Brazilian Airlines have entered a codeshare agreement effective Oct, 01, 2017.
World Bank commits $700 million to advance equitable access to basic services for millions of Ethiopians
The World Bank has approved the International Development Association (IDA) additional financing of $700 million in support of Ethiopia’s continued efforts to improve equitable access to basic services and reinforce accountability systems at the decentralized level.
Africa's largest airline group, Ethiopian Airlines, has renewed its passenger reservations system with global travel technology provider, Sabre Corporation.
Ethiopian Airlines Group, the largest airline in Africa, has announced that it has finalized preparations to start nonstop direct services to Sao Paulo, Brazil, currently operated via Lome, Togo, effective September 16, 2017.
Ethiopian Airlines Group, the largest airline in Africa, marked commencement of a thrice weekly service to Bahrain at a reception ceremony held at Addis Ababa Bole International Airport on August 17, 2017
The hospitality sector in Africa’s emerging markets looks set to profit from foreign investment and an influx of foreign travelers.
African reputation and crisis management company Vuma Reputation Management has signed memorandums of understanding with four leading African communications agencies, boosting its footprint across the continent.
Ethiopian Airlines Group, the largest airline in Africa, is pleased to announce to its valued customers that it has fully refurbished its Boeing 767-300 ER fleet and availed for service on its India, Middle East and Africa destinations.
Ethiopian Airlines Group, a Star Alliance member, inaugurates its maiden flight to Kaduna, Nigeria at a reception held at Ethiopian main hub Addis Ababa Bole International Airport on August 1st, 2017.
Ethiopia’s largest financial service provider, Commercial Bank of Ethiopia is expanding its ATM network with the addition of 200 new NCR SelfServ ATMs
Ethiopia and UK have signed a compact that will support the acceleration of the off-grid solar market in Ethiopia by creating business opportunities, more jobs and helping improve access to electricity for poor people.
In the face of an increasingly uncertain climate, Farm Africa is piloting the use of microinsurance to help pastoralists in the Ethiopian lowlands protect their main asset: their livestock.
[Ethiopia] Tameru Wondm Agegnehu law firm signs exclusive partnership with BonelliErede to tap into Italian investment
Ethiopian law firm Tameru Wondm Agegnehu has agreed an exclusive partnership with major international law firm BonelliErede.
The Ethiopian Government has established a new Aviation Holding Group with various diversified aviation strategic business units to boost service delivery and increase competitiveness.
Ethiopia’s national carrier, Ethiopian Airlines, has announced that it will start services to Bahrain effective August 17, 2017 with the latest B737-800 New Generation with Sky Interior.
SAP Skills for Africa launches East African chapter with participation from Kenya, Rwanda, Uganda, Ethiopia
SAP Skills for Africa has launched its first-ever East African programme at an event held in Nairobi, Kenya.
Ethiopia earned 866 million USD exporting 221,000 tons of coffee during its last fiscal year. According to Ethiopian Coffee & Tea Development and Marketing Authority, it has accomplished 92 per cent of its set goal to increase coffee exports.
Bayer and Fair Planet extend collaboration to improve access to high quality vegetable seeds in Ethiopia
Bayer has said it will continue its collaboration with the non-profit organization Fair Planet in the “Bridging the Seed Gap” project for another four years.
The Ethiopian parliament on Friday unanimously passed a 320.8 billion birr ($13.9 billion) budget for the financial year of 2017/18
Ethiopia national carrier Ethiopian Airlines has finalized preparations to start scheduled thrice weekly services to Kaduna, Nigeria, as of August 1st, 2017.
Ethiopia is enlisting the cooperation of people in and around its forests to manage woodland better, hoping to protect the country from the effects of climate change.
East Africa continues to maintain its lead in regional growth in Africa reaching 5.3% in 2016 Real GDP growth. The economic success of Ethiopia is attributable to its desire to grow its economic base amidst structural challenges.
Africa Business Communities is conducting a series of interviews with African CEO's and CEO's of companies doing business in Africa.
Africa’s largest cargo operator, Ethiopian Airlines, has unveiled Cargo Terminal-II
Kifiya works with Mastercard to launch first international remit to pay service in the Ethiopian market
Mastercard and digital service provider Kifiya have partnered to introduce a simple, secure and convenient digital solution that will allow citizens to pay for all bills in one location in Ethiopia.
Nigeria will overtake the United States to become the third-most populous country in the world by 2050, according to a United Nations report.
[Africa CEO Forum] What - if anything - can other African countries learn from Ethiopia and it's economic success?
As the founder of the Africa CEO Network I would like to invite you to participate in our forum on Ethiopia.
Ethiopian Airlines and Boeing have announced a commitment to purchase two 777 Freighters valued at $651.4 million at list prices.
On June 19, 2017, ROSATOM State Atomic Energy Corporation and the Ministry of Science and Technology of Ethiopia signed the Memorandum of Understanding on cooperation in peaceful uses of atomic energy.
[Column] Bob Koigi: Awakening the giant: How Ethiopia overtook Kenya to become East Africa’s economic power house
Kenya has traditionally held the enviable position of being the East African economic behemoth. But tables have now turned, and in a dramatic way.
The Ethiopian Immigration and Nationality Affairs main Department in collaboration with Ethiopian Airlines are set to unveil e visa service for international visitors to Ethiopia.
Ethiopia and the world's newest nation South Sudan are to develop joint infrastructure development projects that would help create regional economic interconnection.
Ethiopian Airlines has been named the African Airline of the year, 2016, in recognition of its continued rapid growth, increased profitability and outstanding contribution to aviation development in Africa.
Worldbank: Economic Growth Sub-Saharan Africa +2.6% in 2017 - Ethiopia (+8.3%), Tanzania (+7.2%), Côte d’Ivoire (+6.8%)
Growth in Sub-Saharan Africa is forecast to pick up to 2.6 percent in 2017 and to 3.2 percent in 2018, predicated on moderately rising commodity prices and reforms to tackle macroeconomic imbalances.