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Tsehay Insurance, Ethiopia Launches Operations

Tsehay Insurance SC formally entered the insurance sector in Ethiopia at a ceremony held last Saturday.

The Insurance Company launched operations with its first branch opened in mid-May and currently has three branches located in the Abune Petros, Haya Hulet and Merkato areas of Addis Ababa.

The company is planning two more branches before the end of the current financial year in July in the Addis Ketema and Meshualkia areas.

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Ethiopian Airlines to Launch Flights to Sao Paulo, Brazil

Ethiopian Airlines, Ethiopia’s flag carrier, is set to launch flights to Sao Paulo Brazil as of the coming December. The flight will be the first regular flight to South America for airline.

The Airline will commence flights three times a week to Sao Paulo using the Dreamliner aircraft that Ethiopian anticipates receiving in August and September from manufacturer Boeing.

The Sao Paulo flight will be operated through Lome, Togo where the Ethiopian affiliate ASKY airline is based according to Tewolde Gebremariam, Chief Executive of the airline.

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5th Agriculture Fair Opened in Ethiopia

The 5th Agriculture Fair was opened in Ethiopia under the theme of Agriculture Development for Food Self-Reliance. The 1st Tourism Travel Fair was also launched simultaneously under its theme of ‘Tourism for Economic Development'.

The agricultural sector is very important to the overall economic development of the country and it is hoped that the exhibition will contribute to the national effort to increase income and achieve national food security according to Tefera Derbew, Minister of Agriculture speaking at the opening.

The exhibition is also expected to promote trade and investment in addition to facilitating experience sharing amongst participants he said. The fair is intended to create a platform for networking between manufacturers, suppliers and distributors and other stakeholders explained Teffera.

 

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Ethiopian Airlines Awards ICS Contract to ADAT

Ethiopian Airlines, Ethiopia’s flag carrier, has awarded a seven year contract for Integrated Component Solutions services to the Boeing 737NG fleet to Abu Dhabi Aircraft Technologies, the largest independent maintenance, repair and overhaul service provider in the Middle East and a part of the Mubadala Aerospace MRO network.

The contract covers a total of 19 aircraft, eleven of which are the fleet of B737NG aircraft and eight new aircraft on order.

ADAT will provide repair cycle management and pool access coverage supported by the combined Integrated Component Solutions experience and capabilities of ADAT and SR Technics.

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Ethiopian Entrepreneur, Bethlehem to be Featured by Sony Pictures

Ethiopian Entrepreneur Bethlehem Tilahun Alemu is to be featured by Sony Pictures Entertainment in its upcoming series ‘Trading Secrets: Inside the Minds Shaping Global Business’.

The participants selected to be part of the series represent the most inspirational business leaders from around the world and Bethlehem was selected for her business acumen, ingenuity, innovation and commitment to establishing an international brand that aims to benefit both consumers and workers equally said Mat Steiner, Managing Director for the GOGGLE box division of Sony producing the series. 

The eight part series commissioned by the BBC will air internationally to more than 300 million homes at the end of 2012.
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