Latest Business Alerts

Ethiopian Diaspora Business Forum Scheduled to be Held in Washington D.C.

The 8th round of the Ethiopian Diaspora Business Forum and the 2013 Pioneer Diaspora Awards Luncheon, is scheduled to be held in Washington DC, on July 27, 2013.

This years event will focus on investment opportunities in agri-business, agro-processing and financing and value chain development opportunities in select sub-sectors for Diaspora Investors, according to the organizers. Add a comment Add a comment

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Ethiopian Announced Acquisition of 49 % Share of Malawian Air

Ethiopian Airlines, one of the leading African airline announced that it has become strategic partner of the new Malawian Air with acquisition of 49 per cent equity shareholding. The remaining 51% of the shares is held by the Malawian Government and Malawian private investors.

The shareholder agreement for Malawi Airlines was signed between Dr. Cornelius Mwalwanda, Deputy Minister of Finance of the Government of the Republic of Malawi and Tewolde Gebremariam, Chief Executive Officer of Ethiopian Airline in Lilongwe on Thursday, 11 July 2013. Add a comment Add a comment

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Republic of Korea Pledges to Boost Investment Ties with Ethiopia

Speakers of the Ethiopian and South Korean Parliaments expressed their commitment to further strengthen investment cooperation between the two countries.

During talks with with Korean Republic Parliament delegation headed by  Speaker Kang Lee yesterday, House of Peoples Representatives Speaker Abadulla Gemeda said tthat at Ethiopia will create favorable conditions for Korean investors interested to invest here.

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Bombardier Aerospace Names Ethiopian Airlines Authorized Service Facility

Bombardier Aerospace has named Ethiopian Airlines as an Authorized Service Facility (ASF) for commercial aircraft.

The agreement which is expected to take effect by late August, will see Ethiopian Airlines provide maintenance services for Bombardier's growing fleet of Q400 and Q400 NextGen turboprop aircrafts in Africa. Add a comment Add a comment

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