2merkato

Ethiopia’s Prime Minister Abiy Ahmed announced that Ethiopia’s economy is projected to grow by 9.2 percent for the 2011 Ethiopian fiscal year, 2018/19 G.C. The growth rate has shown a rise of 1.5 percent compared to last year.

Ethiopian Airlines Group announced the launch of its flight to Garowe, Somalia, via Bossaso, Somalia effective 15 July 2019.

Ethiopian Airlines Group has been chosen ‘Best Airline in Africa’ for the third consecutive year at the Skytrax 2019 World Airlines Awards held in Paris on 18 June 2019. Additionally, Ethiopian has won ‘Best Business Class in Africa’ and ‘Best Economy Class in Africa’ at the award ceremony, the airlines group announced in a press release.

A two-day Ethiopian-Italian business forum, which has been going on for two days in Addis Ababa, has come to a conclusion today. The forum aimed at further strengthening economic ties between Ethiopia and Italy.

Ethiopian Airlines has announced that it has finalized preparations to launch thrice weekly flight to John F. Kennedy (JFK) Airport in New York via Abidjan, as of today, June 17, 2019.

Ethiopian Airlines, Africa's champion carrier, is ''moving forward" with its expansion following the fatal Boeing 737 Max crash in March, but will be the last operator to return the jet to service, CEO says.

The National Bank of Ethiopia (NBE) announced that it has distributed $100 million to 16 private commercial banks.

One of the largest telecom carriers in the world, MTN, has identified Ethiopia as a rare new market into which Africa’s largest wireless carrier wants to expand.

Reykjavik Geothermal (RG), a power developer backed by hedge fund billionaire Paul Tudor Jones II, announced a plan to launch a $4.4 billion project to bring volcanic energy to Ethiopia.

The Ethiopian Investment Commission (EIC) signed memoranda of understanding (MoUs) with ten global companies. The ten companies intend to set up factories within the confines of the Kilinto Pharmaceutical Industrial Park.