2merkato

Ethiopian Airlines has resumed its flights to Namibia's capital Windhoek this week. Ethiopian's flight to Namibia's Hosea Kutako International Airport last week was the first international arrival to the destination since the wake of the coronavirus pandemic, carrying 43 passengers and 11 crew members.

The European Union (EU), through its Civil Protection and Humanitarian Aid Operations (ECHO) Directorate-General, has provided UNICEF with two million euros to support areas in Ethiopia that have been hit by desert locusts. The funding will help support communities in Afar, Amhara, Oromia, Somali, and Tigray regions that are highly affected by desert locust.

The Ethiopian Customs Commission (ECC) said it is planning to begin a fully digital electronic service and go paperless, in a bid to give fast and up-to-date service. 

Five percent shares of Ethiopia's sole telecom services, Ethio Telecom, are to be sold to Ethiopian citizens, while 40 percent stake will be sold to international companies.

Commercial Bank of Ethiopia (CBE), in partnership with Solget Travel Agency, announced they have made a deal to jointly launch an electronic flight booking application. The app, dubbed GuzoGo (Guzo, Amharic for "travel"), will enable passengers reserve flights and pay via the CBE Birr platform.

Flights between Addis Ababa, Ethiopia, and Karachi, Pakistan will start soon, Shozab Abbas, Pakistan's Ambassador-designate said. This comes following Pakistan lifting a ban on the import of beans to Ethiopia.

Ethiopia's Amhara Credit and Savings Institute (ACSI) is to turn into a bank, the Institute's CEO, Mekonnen YelewimWossen, announced. This, he said, comes in following efforts to turn the microfinance institute into a bank for some nine years, and it will now transform into a bank and go operational in three to six months. 

The Ethiopian Ministry of Trade and Industry announced fuel retail prices of fuel will remain unchanged for the month of August 2020.