Ethiopian Airlines entered into a code share agreement last week with Asiana Airlines, the award winning 
South Korean airline, to enhance the growing cooperation with Star Alliance member carriers.
The Ethiopian Airlines said that the partnership between Ethiopian and Asiana would provide passengers of both airlines with greater flight options and better connections between Africa and Asia.
Add a comment Add a commentA delegation of about 30 Indian companies led by Karuturi, the world's largest flower producer, last week expressed interest in investing in the agro business sector in Ethiopia.
Indian companies have so far invested about 5.5 billion dollars and Karuturi said that the newly coming Indian investors would significantly push up the figure.
Karuturi is currently engaged in farming flower, palm oil, rice and maize on 100,000 hectares of land in the Gambella Regional State and Bako in the Eastern Wollega Zone of Oromia Region.
Add a comment Add a commentEyesuswork Zafu, veteran insurer, said last week that he would retire within two months from his position as 
the CEO of United Insurance. He has been the CEO of the insurance company for the last 17 years.
Eyesuswork, who is also the president of the Ethiopian Chamber of Commerce and Sectoral Associations, has been considering retirement from the insurance company for the last three years.
He said that although he would retire soon, he would continue to serve the company in the capacity of a councillor and an advisor. “As personal connections still matter in the insurance industry, I will be there to assist the company’s business.”
Add a comment Add a commentThe latest report by the United States Department of Agriculture puts Ethiopia as the world’s 6th largest coffee producer for the 2010/2011 crop year.
According to the report, Ethiopia has produced about 4,400 bags of coffee (264,000 kg).
The top five coffee producing countries in the list are Brazil (54,500 bags), Vietnam (18,725 bags), Colombia (9,500 bags), Indonesia (9,325 bags) and India (5,100 bags).
Ethiopia is followed by Honduras (4,000 bags), Peru (4,000 bags), Guatemala (3,910 bags) and Mexico (3,700bags).
Add a comment Add a commentThe awards will honour 100 organisations in east Africa. 
Ethiopia has joined the yearly CIO 100 awards as one of the five participating countrie sin east Africa.
The number of companies to be surveyed for the competition this year has increased to more than 500 up from 350 in last year.
Last year's 350 participants were drawn from Tanzania, Uganda and Kenya.
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