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.
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.