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The Ethiopian Airlines Aviation Academy graduated its most recent batch of graduates this week. The Academy graduated a total of 90 graduates.

The aviation Academy graduated 65 cabin crew trainees who had undertaken three months of training at the Academy said Samuel Assefa, Vice President of the Academy speaking on the occasion of the graduation.

The remaining graduates, a total of 25 graduated from the Modularized Aviation Maintenance Technical School after 11 months of training he said. The almost year long training included general and specific courses according to Samuel.

The academy is training crew and staff to meet the demand for trained personnel for Ethiopian Airlines as well as others to play its part in the development and modernization of the aviation sector nationally and regionally he noted. Add a comment Add a comment

Addis Ababa University, foremost institution of higher education in Ethiopia, is to establish a Technology Business Incubation Center as well as a Science and Technology Park. The proposed center, the Addis Ababa University Technology and Business Incubation Center, will be a center to promote excellence in entrepreneurship development as well as serving to commercialize technological innovations at the university.

It is expected to offer a range of support services including infrastructure, finance, management assistance and a support network to strengthen new and emerging entrepreneurial efforts it was said at a at a workshop organized to promote the proposed center. The center is also expected to support the university’s aim to strengthen technology transfer, and research and development efforts. Add a comment Add a comment

Condominium shops in Lideta area of Addis Ababa sold for a record amount according to the city Housing Development Projects Bureau. The municipality earned 284.8 million birr from the sale of the condominium shops that sold more than eight times the floor price.

The Housing Development Projects Bureau received 14 thousand bids for the 150 shops it had on offer and announced 149 successful bids.

The successful bidders will pay 50 percent of the agreed upon sum upfront and the balance over a period of five years through the Commercial Bank of Ethiopia. Add a comment Add a comment

The latest round of land lease auctions held by Addis Ababa City Administration received lower bids than what was offered in the previous round two months ago.

The municipality attracted an estimated 2,371 bidders for the land it put on auction. The auction included land targeted for residential, mixed use and apartment use. Most of the plots are to be found in Bole sub-city while others are to be found in Kolfe Keranio and Nifas Silk according to sources.

The land in Bole sub-city is classified into third and fourth grade plots and the eight plots in Nifas Silk are graded as third and second while the two plots in Kolfe Keranio are grade three. Add a comment Add a comment