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Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 29 September 2022.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 28 September 2022.

The International Civil Aviation Organization (ICAO) awarded Ethiopia the Council President Certificate in Aviation Safety for Universal Safety Oversight Audit Program (USOAP). State Minister of the Ministry of Transport and Logistics, Dengie Boru, received the award in Montreal, Canada.

Ethiopia was recognized for its achievement in establishing an effective aviation safety oversight system between 2019 and 2022 and its ongoing commitment to the implementation of ICAO Standards and Recommended Practices.

USOAP focuses on a State’s capability in providing safety oversight by assessing whether the State has implemented the critical elements of a safety oversight system effectively and consistently.

Source (including image): Ministry of Transport and Logistics

Additional source: ICAO

Ethio Telecom announced that it was implementing a new 3 year strategy called Lead starting from July 01, 2022 with the aim of providing services beyond connectivity, enabling inclusive growth by providing digital and financial services, and simplifying the daily activities of organizations and individuals. The new strategy substituted the telecom’s strategy named Bridge which was implemented between 2019 and 2022.

Bridge was designed to meet the market dynamism, reshaping and leading the company with a competitive mindset with the ultimate aim of making it a preferred operator.

Nigeria selected Ethiopian Airlines (ET) to become Nigeria Air’s technical partner after ET came out as a winner of the technical bidding process and financial bids by scoring 89/100 and 15/20, respectively.

ET is expected to provide equipment and funds to Nigeria Air. However, according to THISDAY, a Nigerian newspaper, Ethiopian would provide equipment, technical personnel, and management for Nigeria Air but not funds.

The Ministry of Industry of Ethiopia and African Development Bank vowed to work together with a view to implementing Ethiopia’s Industrial Parks Policy. They will cooperate on product chain, finance, and various commercials.

Melaku Alebel, the Minister of Industry, and Abdul Kamara, the Deputy Director General of the African Development Bank for East Africa, also discussed about integrated Agro Industrial Parks and the Manufacturing Industry Policy.

Ethiopian Airlines wins multiple prestigious awards at SKYTRAX 2022 World Airline Awards, and moves 11 ranks up in the world’s top 100 Airlines. In a press release sent to 2merkato.com on 23 September 2023, Ethiopian Airlines, the largest Aviation Group in Africa, expressed its pleasure in announcing that it had been named the winner of four awards at the SKYTRAX 2022 World Airline Awards, at a ceremony held in London on 23 September 2022.

 Ethiopian has taken the crown for:

• Best Airline in Africa 2022 for 5 consecutive years,
• Best Business Class Airline in Africa 2022 for 4 consecutive years,
• Best Economy Class Airline in Africa 2022 for 4 consecutive years and
• Best Business Class Onboard Catering in Africa

Moving an incredible 11 ranks up, Ethiopian has also been placed 26th in the World's Top 100 Airlines for 2022 as voted by airline customers around the world.

Regarding the award Ethiopian group CEO, Mr. Mesfin Tasew remarked, “We are truly honored by the multiple prestigious awards that Ethiopian won today. It gives me great pleasure to witness such a rewarding event to the hard work Ethiopian Airlines employees and management team put in order to provide our valued passengers the best quality service. I would like to assure our customers and everyone who casted their votes in favor of Ethiopian that we will continue to provide a world class service tailored with African flavored Ethiopian hospitality. We managed to provide our service, unbeaten by the Covid19 pandemic, the greatest challenge for the aviation industry and we will keep pace, enhancing our level of service to an even better level along the way.”

The World Airline Awards are independent and impartial, introduced in 1999 to provide a customer satisfaction study that was truly global. Travelers across the world vote in the largest airline passenger satisfaction survey to decide the award winners. The awards are referred to by media around the world as “the Oscars of the aviation industry”.

About Ethiopian

Ethiopian Airlines (Ethiopian) is the fastest growing Airline in Africa. In its seventy-five plus years of operation, Ethiopian has become one of the continent’s leading carriers, unrivalled in efficiency and operational success. Ethiopian commands the lion’s share of the Pan African passenger and cargo network operating the youngest and most modern fleet to more than 130 international passenger and cargo destinations across five continents. Ethiopian’s fleet includes ultra-modern and environmentally friendly aircraft such as Airbus A350, Boeing 787-8, Boeing 787-9, Boeing 777-300ER, Boeing 777-200LR, Boeing 777-200, Boeing 737-800, Boeing 737-8, Freighter, Bombardier Dash 8-400 double cabin with an average fleet age of seven years. In fact, Ethiopian is the first airline in Africa to own and operate these aircraft. Ethiopian is currently implementing a 15-year strategic plan called Vision 2025 that will see it become the leading aviation group in Africa with Seven business units: Ethiopian International Services; Ethiopian Cargo & Logistics Services; Ethiopian MRO Services; Ethiopian Aviation Academy; Ethiopian ADD Hub Ground Services, Ethiopian Airports Services and Ethiopian Express Services (Domestic). Ethiopian is a multi-award-winning airline registering an average growth of 25% in the seven years prior to the COVID-19 pandemic. 

Source: A press release sent to 2merkato.com on 23 September 2022 by Ethiopian Airlines Group

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 23 September 2022.

Ethiopia is working together with China to tap its potentials in the digital economy, online trading, and supply chain development, Ambassador Teshome Toga revealed. According to the Ambassador, the cooperation on these sectors was independent of the Belt and Road Initiative (BRI).

During an interview with Xinhua in early July this year, Huria Ali, State Minister of the Ministry of Innovation and Technology, related that Ethiopia and China were enjoying growing cooperation in the digital economy sector as giant Chinese companies introduced advanced telecom technologies to Ethiopia. “When we say we will build a digital Ethiopia, it does not mean we will do it by ourselves but with the support of our partners”, she stated.

The Ministry of Finance announced that a decision had been made to sell scrap metal and out of service vehicles to steel manufacturing industries without resorting to a bidding process.

The scrap metal and out of service vehicles will be collected from federal offices, public development organizations, and State owned universities and allocated to companies according to the manufacturing capacity of the factory of each company. The selling price will be set according to the market conditions and type of the items.

The Ministry stated that it had set up a forum for discussion to have a general agreement on the allocation process.

Source: Fana BC