ACI Worldwide a global provider of real-time electronic payment and banking solutions has announced that Commercial Bank of Ethiopia (CBE), the country’s largest commercial bank, is utilizing ACI’s UP Retail Payments solution to modernize its payments infrastructure.
Since launching on 27 March 2017, Ethiopian Airlines has firmly established itself at Norway’s main airport. Now they are enhancing their service offering between Addis Ababa and Oslo Airport.
Congo Airways’ present fleet of two Airbus A320 and two Bombardier Q400NextGen will be boosted when four more aircraft, wet leased from Ethiopian Airlines, will arrive in Kinshasa.
Ethiopian Airlines has announced the resumption of its flight to Mogadishu, Somalia, effective 2 November 2018.
Coffee producers in Ethiopia and Burundi should capitalize on growing interest in premium markets and environmental sustainability among the 500 million people globally who drink coffee every day to make the most of their inimitable beans.
Amid an unprecedented global refugee crisis, girls are suffering the most, according to a new report released on International Day of the Girl by the humanitarian organization CARE.
Ethiopian Maintenance & Engineering Services has announced that it has become the first in Africa with capability to repair the GEnx Engine, which powers the Boeing 787 aircraft.
The Chairperson of the African Union Commission, Moussa Faki Mahamat, welcomes the announcement made on 8 October by President Mulatu Teshome of a visa-on-arrival regime for all African passport holders entering the country.
Starschema Ltd., a big data company in Hungary, and PATH, a global organisation that works to accelerate health equity, have launched a software integration that will enable health workers to easily and securely access data visualizations.
Ethiopia's wheat production has consistently lagged other African nations. The Wheat Initiative raises hopes, but what happens when results don't meet expectations?
Andersen Global has announced an added presence in Africa with Tadesse Kiros Law Office, one of the largest law offices in Ethiopia.
Global travel industry technology provider Sabre Corporation has launched its industry-first Digital Airline Commercial Platform (DACP) with Ethiopian Airlines, Aeroflot and Etihad Airways on board as launch partners.
The United States Environmental Protection Agency (USEPA) has launched an initiative to strengthen air quality management in Addis Ababa.
Ethiopia currently heads the league for hotel development in East Africa, according to a regional focus from the influential annual hotel pipeline survey by Lagos-based W Hospitality Group.
Despite an economic slowdown, most African countries are reported to have a positive economic outlook. This is according The Institute of Chartered Accountants in England and Wales, ICAEW.
Ethiopian Airlines has partnered with CellPoint Mobile to accept payments via Alipay – China's leading alternative payment method (APM), in the mobile app of Ethiopian Airlines.
Renew, a private equity impact investing firm, has announced expansion into its second African country, Uganda.
The Director General of the United Nations Industrial Development Organization (UNIDO), LI Yong, congratulated the Government of Hunan province for its continuous efforts to promote investment in Africa under the Chinese Government’s Belt and Road Initiative.
Seeking to sustain the current wave of political and economic reforms across Ethiopia and the region, the Center for International Private Enterprise (CIPE) has opened its newest regional office in Addis Ababa, Ethiopia.
The president of the Federal Republic of Somalia Mohamed Abdullahi Farmajo is leading efforts to consolidate gains made at the Forum on China-Africa Cooperation by facilitating the prospect of a tripartite agreement.
TradeMark East Africa (TMEA) and the Government of Ethiopia have signed a Host Country Agreement (HCA) paving the way for TMEAs expansion into Ethiopia.
Ethiopian Airlines Group and Lufthansa Systems have announced the introduction of Lufthansa’s Lido/Flight 4D solution in Ethiopian’s flight planning system.
Majority of African countries are struggling to follow the lead of Asian countries in using agriculture to spark widespread economic growth because they have yet to marshal strong political support for agriculture.
East Africa Metals Inc. has received Draft Model Agreements from Ethiopia’s Ministry of Mines, Petroleum and Natural Gas for the company’s Mato Bula and Da Tambuk Projects.
Ethiopian Airlines has announced that it has commenced twice weekly freighter service to Bogota, Colombia as of August 29, 2018.
Ethiopian Airlines has announced that it has finalized agreements with the Government of Chad for the launch of Chad national carrier.
Ethiopia has launched the waste-to-energy facility, a first of its kind in Africa.
Digital money transfer service WorldRemit has teamed up with Dashen Bank for instant money transfers across Ethiopia.
Ethiopian Airlines will start a Boeing 777 freighter operation between Oslo Airport and Guagnzhou in September as it looks to capitalise on seafood volume growth between Norway and China.
The 895-km highway corridor linking Kenya and Ethiopia has not only eased cross-border traffic between the two countries, but is a major push for economic integration within Africa.
When the sun sets in Ethiopia, eight out of 10 citizens must resort to unhealthy lighting sources for basic daily activities like cooking or studying.
DHL Global Forwarding and Ethiopian Airlines have signed a new agreement to form a joint venture company – DHL-Ethiopian Airlines Logistics Services Ltd., to build the Leading Cargo Logistics provider JV company in Africa.
The board of directors of Ethiopia's lone telecom company, Ethio Telecom, appointed new CEO, Frehiwot Tamiru, replacing Andualem Admassie, who served for five years.
Ethiopian Airlines Aviation Academy has graduated 302 aviation professionals at a ceremony held at the Academy’s Commercial and Cabin Crew Training Building.
Kifle Bantayehu is an Ethiopian entrepreneur, consulting professional and policy strategist. He founded in 2016 Afrinection, a platform that closes several gaping holes in the African employment and investment market.
Aligning with Ethiopia’s Growth and Transformation Plan, GE’s Grid Solutions business has completed a $40M Electricity Transmission System Improvement turnkey project with Ethiopian Electric Power.
Ethiopian Airlines has announced that it has finalized preparations to resume daily flights to Asmara, Eritrea on 17 July 2018 with the most technologically advanced commercial aircraft, the Boeing 787.
Afrinection is a free web-based integrated professional networking, jobs, and marketing platform that aims to address the gap of networking among African professionals.
Ethiopian Airlines Group has finalized its feasibility study and signed a partnership business agreement with ACM Aerospace of Germany pursuant to the aerospace manufacturing development program it has embarked on.
General Electric (GE), the world’s premier Digital Industrial Company, has commissioned a scalable micro grid system powered by a Hybrid Distributed Power unit for Digo Village in the Oromia region of Ethiopia.
Ethiopian Airlines is proud to announce that it has taken delivery of the largest B737 MAX fleet in the Continent on July 2, 2018.
DP World is considering setting up a logistics facility in landlocked Ethiopia to handle goods from a port it is developing in the semi-autonomous region of Somaliland, according to United Arab Emirates state news agency, WAM.
Ongoing improvement in East Africa’s economic prospects is forecast by Ecobank’s research team in the newly published East Africa section of its flagship financial website, AfricaFICC.
The recent announcement of the Ethiopian government to sell share of the state monopoly Ethio Telecom includes liberalization of the sector, says Prime Minister of Ethiopia.
Ethiopian Airlines has finalized preparations to launch new flight services to Barcelona, Spain as of July 01, 2018, deploying the ultra-modern B787– 800 Dreamliner.
The Kingdom of Eswatini (formerly Swaziland) and Ethiopia have approved the environmental release of insect resistant genetically modified cotton varieties for cultivation.
Ethiopia is opening the state-owned telecommunications company and airline to foreign investors for the first time.
Ethiopia’s GDP growth will decelerate to 9.6% in fiscal year 2018, July 2017 to June 2018, down from 10.9% in fiscal year 2017, according to a new World Bank Group report.
Amref Health Africa through its WASH program is initiating a new intervention that turns plastic wastes, one of the biggest environmental challenges, to a business opportunity for youth income generating groups
The Ethiopian Immigration and Nationality Affairs Main Department in collaboration with Ethiopian Airlines has launched an e-visa service for all international visitors to Ethiopia effective June 01, 2018.
Africa boasts huge potential for social and economic development, with agribusiness poised to play a major role.
IFC, in cooperation with Ethiopian Food, Medicine and Health Care Administration and Control Authority is launching a new initiative to help Ethiopian food producers enhance their food safety management practices,
East Africa Metals Inc has filed with the Ethiopian Ministry of Mines, Petroleum, and Natural Gas, responses to comments received in relation to the Mato Bula and Da Tambuk Mining Licence Applications.
Philips and the governments of Ethiopia and the Netherlands sign seven-year agreement to build Ethiopia’s first specialized Cardiac Care Center
Royal Philips and the governments of Ethiopia and the Netherlands today signed a seven-year agreement to build Ethiopia’s first specialized Cardiac Care Center to address the critical shortage of cardiology services in Ethiopia.
Ethiopian Airlines announces that it will launch thrice weekly flights to Jakarta, Indonesia as of July 17, 2018. Member of the G-20, Indonesia, is the world’s 4th most populous nation and 10th largest economy in the world.
Frontier technologies are converging through the increasing use of digital platforms to produce new combinatory technologies, accelerating the pace of change across multiple sectors.
Manchester Airport has secured a landmark route into the heart of Africa, underlining its role in connecting the North to the world’s most important markets.
Technology group Voith has opened its new East Africa Hub in the Ethiopian capital Addis Ababa highlighting its active contribution to the development of electricity generation from hydropower in East Africa.
Ethiopian Railways Corporation picks Smith Detection Technology for security along the new Ethiopian-Djibouti railway route
Ethiopian Railways Corporation has selected Smiths Detection technology to safeguard people and infrastructure on the vital new railway link between Ethiopia and the port at Djibouti.
The new facility in Ethiopia will coordinate hydropower projects in nine countries in the east of the continent
Poor rainfall in parts of Africa has triggered the largest insurance pay-out to date for vulnerable farmers under an innovative climate risk management scheme known as the R4 Rural Resilience Initiative, R4.
Ethiopian Airlines and Air Côte d'Ivoire enter codeshare agreement on routes between West Africa and USA
Ethiopian Airlines, the largest Aviation Group in Africa and SKYTRAX certified Four Star Global Airline and Air Côte d'Ivoire, the national flag carrier of Côte d'Ivoire, have entered into a codeshare agreement effective May, 2018.
The Agriculture Fast Track Fund supports Africa-based agri-business SMEs by financing the development costs of agriculture infrastructure projects that span the value chain from rural feeder roads to agro-processing and marketing facilities, to out-grower schemes.
The African Development Bank has signed two grant agreements to finance agri-business development projects through the Agriculture Fast Track Fund.
Ethiopian Airlines and Bombardier Commercial Aircraft concluded a firm order for 10 new Q400 aircraft on Friday, April 27, 2018. The order also includes purchase rights for 5 additional Q400 aircraft.
Eastern Africa continues to grow rapidly. As a result, the region’s average per capita income reached $740 in 2016, double the figure ten years earlier.
USAID, Technoserve and Partners in Food Solutions in new alliance to point African farmers to profitable markets
The United States Agency for International Development and the nonprofit organizations Partners in Food Solutions and TechnoServe have announced the launch of the Alliance for Inclusive and Nutritious Food Processing.
Africa Business Communities will be developing a Tech Platform on its website and is therefore looking for a freelance journalist/webmaster
A private airline based in Khartoum, Sudan, Badr Airlines, started a new scheduled flight service to Addis Ababa. The airline performed its inaugural flight from Khartoum to Addis Ababa with a Boeing B737 aircraft on April 27, 2018.
The Global Book Alliance is launching a new Global Digital Library in Ethiopia to increase the availability of high quality reading resources for children and youth across the country.
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.
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.