2merkato

Ethiopian Airlines, Ethiopia’s flag carrier, will not introduce additional fees on tickets of passengers to and from Europe to offset the European Union carbon emission costs levied on all airlines operating in Europe as part of the European Emission Trading Scheme according to a statement.

The airline is in the process of modernizing its fleet changing over to aircraft with less emissions said the statement.

South Sudan is to build an oil pipeline to Port Djibouti through Ethiopia.

A memorandum of understanding for the construction of the pipeline was signed in Addis Ababa earlier this month according to Barnaba Marial Benjamin, South Sudanese Minister for Information.

Companies from Europe, China and the United States have expressed interest in carrying out feasibility studies said Benjamin.

Ethio Telecom earned 5.6 billion in revenue in the first two quarters of the fiscal year according to Jean Michel Latute, Chief Executive Officer of Ethiopia’s sole telecom provider. 

The revenue was raised from mobile, internet and other services said Latute.

Ethiopia earned 196 Million US dollars from the export of agricultural products through the eastern part of the country in the first six months of the current Ethiopian fiscal year according to the Dire Dawa Branch of the Ministry of Trade.

The products primarily exported through this route include Khat, Coffee, fruits and vegetables, oil sees and live animals said Tesfaye Hadgo, Head of the MoT office.