2merkato

The 2014 African Aviation Summit and Air Finance for Africa, which was organized by the Ethiopian Airlines and African Aviation Service Ltd, urged African governments to give due attention to the sector.

Ethio Telecom announced it has managed to facilitate telecommunication access for over 16,000 Kebeles in Ethiopia out of the total 18,000 Kebeles.

Kumtek Industrial PLC, a Turkish company, announced it is going to build a factory in Ethiopia to manufacture household goods and electronics items.

While having discussions with the Ethiopian Airlines and Ethiopian Airports Enterprise, DHL announced its plans to build a world class facility within the premises of the Addis Ababa Bole International Airport.

By forming a joint venture with Albazz Industrial PLC., Falcon Chemicals LLC, a United Arab Emirates based company, has decided to start producing construction chemicals in Ethiopia using local materials.

Ethiopian Airlines, the fastest growing and most profitable airline in Africa, is pleased to announce that it has won the 2014 Airline Reliability Performance Award from Bombardier Aerospace. Ethiopian has won the award four years in a row.

The Amhara State Industry and Urban Development Bureau announced it has managed to give license to some 833 projects with a combined capital of 9.9 Billion Birr during the current fiscal year. The license is given to projects that will undertake different investment projects.

Ethiopia’s law making body, House of Peoples Representatives’ (HPR), sent a draft custom bill to two of its standing committees; Budgetary and Finance Affairs Standing Committee and the Law and Justice Administration Affairs Standing Committee.

Ethiopian Airlines, the fastest growing and most profitable airline in Africa, wishes to extend its appreciation to its esteemed customers for their vote of confidence, which has enabled the airline to become for the first time in its 69 years history the largest African carrier with revenue topping 2.3 billion $ in 2013 and profit, according to the airlines ranking of the International Air Transport Association (IATA) published in the 58th edition of World Air Transport Statistics.

Great Lakes Private Sector Responsible Investment Roundtable was held in Ethiopia on Wednesday. The Forum was intended to explore on methods of responsible investment that can contribute to inclusive business and sustainable development. Success stories in Africa were also shared during the Forum.