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Ethiopian Airlines wins multiple prestigious awards at SKYTRAX 2022 World Airline Awards, and moves 11 ranks up in the world’s top 100 Airlines. In a press release sent to 2merkato.com on 23 September 2023, Ethiopian Airlines, the largest Aviation Group in Africa, expressed its pleasure in announcing that it had been named the winner of four awards at the SKYTRAX 2022 World Airline Awards, at a ceremony held in London on 23 September 2022.

 Ethiopian has taken the crown for:

• Best Airline in Africa 2022 for 5 consecutive years,
• Best Business Class Airline in Africa 2022 for 4 consecutive years,
• Best Economy Class Airline in Africa 2022 for 4 consecutive years and
• Best Business Class Onboard Catering in Africa

Moving an incredible 11 ranks up, Ethiopian has also been placed 26th in the World's Top 100 Airlines for 2022 as voted by airline customers around the world.

Regarding the award Ethiopian group CEO, Mr. Mesfin Tasew remarked, “We are truly honored by the multiple prestigious awards that Ethiopian won today. It gives me great pleasure to witness such a rewarding event to the hard work Ethiopian Airlines employees and management team put in order to provide our valued passengers the best quality service. I would like to assure our customers and everyone who casted their votes in favor of Ethiopian that we will continue to provide a world class service tailored with African flavored Ethiopian hospitality. We managed to provide our service, unbeaten by the Covid19 pandemic, the greatest challenge for the aviation industry and we will keep pace, enhancing our level of service to an even better level along the way.”

The World Airline Awards are independent and impartial, introduced in 1999 to provide a customer satisfaction study that was truly global. Travelers across the world vote in the largest airline passenger satisfaction survey to decide the award winners. The awards are referred to by media around the world as “the Oscars of the aviation industry”.

About Ethiopian

Ethiopian Airlines (Ethiopian) is the fastest growing Airline in Africa. In its seventy-five plus years of operation, Ethiopian has become one of the continent’s leading carriers, unrivalled in efficiency and operational success. Ethiopian commands the lion’s share of the Pan African passenger and cargo network operating the youngest and most modern fleet to more than 130 international passenger and cargo destinations across five continents. Ethiopian’s fleet includes ultra-modern and environmentally friendly aircraft such as Airbus A350, Boeing 787-8, Boeing 787-9, Boeing 777-300ER, Boeing 777-200LR, Boeing 777-200, Boeing 737-800, Boeing 737-8, Freighter, Bombardier Dash 8-400 double cabin with an average fleet age of seven years. In fact, Ethiopian is the first airline in Africa to own and operate these aircraft. Ethiopian is currently implementing a 15-year strategic plan called Vision 2025 that will see it become the leading aviation group in Africa with Seven business units: Ethiopian International Services; Ethiopian Cargo & Logistics Services; Ethiopian MRO Services; Ethiopian Aviation Academy; Ethiopian ADD Hub Ground Services, Ethiopian Airports Services and Ethiopian Express Services (Domestic). Ethiopian is a multi-award-winning airline registering an average growth of 25% in the seven years prior to the COVID-19 pandemic. 

Source: A press release sent to 2merkato.com on 23 September 2022 by Ethiopian Airlines Group

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 23 September 2022.

Ethiopia is working together with China to tap its potentials in the digital economy, online trading, and supply chain development, Ambassador Teshome Toga revealed. According to the Ambassador, the cooperation on these sectors was independent of the Belt and Road Initiative (BRI).

During an interview with Xinhua in early July this year, Huria Ali, State Minister of the Ministry of Innovation and Technology, related that Ethiopia and China were enjoying growing cooperation in the digital economy sector as giant Chinese companies introduced advanced telecom technologies to Ethiopia. “When we say we will build a digital Ethiopia, it does not mean we will do it by ourselves but with the support of our partners”, she stated.

The Ministry of Finance announced that a decision had been made to sell scrap metal and out of service vehicles to steel manufacturing industries without resorting to a bidding process.

The scrap metal and out of service vehicles will be collected from federal offices, public development organizations, and State owned universities and allocated to companies according to the manufacturing capacity of the factory of each company. The selling price will be set according to the market conditions and type of the items.

The Ministry stated that it had set up a forum for discussion to have a general agreement on the allocation process.

Source: Fana BC

Ethiopian Electric Power (EEP) discovered 20 megawatts of geothermal power in four of the five deep wells under the Aluto Langano Geothermal Expansion Project. The depth of the wells ranges from 2,700 meters to 3,000 meters.

The expansion project to the Aluto Langano Geothermal Plant commenced in May last year with a view to increasing the power production capacity of the plant to 70 MW.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 22 September 2022.

Meta collaborated with the Ministry of Labor and Skills (MoLS) and Summer Media to launch Meta Boost, a business program which provides opportunities for micro, small, and medium business owners to learn about utilizing digital tools for business. The program also helps business owners to get insights on how to create meaningful relationships with customers.

During Meta Boost’s trial period, more than 7 thousand small and medium-sized Ethiopian businesses were trained on how to use Facebook, Instagram, and WhatsApp to grow their business.

Source: MoLS’ Twitter page and Fana BC

Image source: MoLS

Tsedey Bank announced that it would launch operations on Saturday with a subscribed capital of Birr 11 billion and a paid-up capital of Birr 7.8 billion. Tsedey has a total of Birr 46 billion in assets.

According to the CEO of the bank, Mekonnen Yelewmwessen, Tsedey Bank is equipped with modern technology. The bank  will have 148 branch offices when it starts operation. Its aim is to open branches in all areas of the country.

Source (including image): Fana BC

Ethiopian Airlines launched a manufacturing plant that produced insulation blanket for Boeing-737, an equipment which is used to protect passengers and crew from engine noise and frigid temperatures.

Chapa Financial Technologies, an Ethiopian fintech company, has launched a gateway service that enables organizations and business to accept and make payments worldwide using multiple channels.

The company’s founder and CEO Israel Goytom said “with more than 110 million people, Ethiopia is the second largest country by population in Africa, but fragmented payments have been a significant problem for most Ethiopian business and entrepreneurs. We have acquired and established holy-grail tools, exclusive technologies and methodologies to ensure the production of qualified hi-tech fixes for our customers. Now, business can focus on scaling their businesses while we handle their payment issues”.

Chapa was founded in 2020 by entrepreneurs Israel Goytom and Nael Hailemeriam. The National Bank of Ethiopia officially licensed the homegrown fintech company in May 2022. The company's primary mission focuses on building payment APIs and payment tools for ambitious Ethiopian businesses.

Source: Fana BC and Newsfile

Image source: Fana BC