Airbus expects Ethiopia’s air passenger traffic to increase sixfold over the next 20 years, supported by Ethiopian Airlines’ expanding network, rising travel demand and investments in airport infrastructure.
An international arbitration tribunal has ordered the Ethiopian Railway Corporation (ERC) to pay Turkish contractor Yapı Merkezi USD 213.7 million in a dispute over the stalled Awash-Kombolcha-Woldiya-Hara Gebeya railway project, according to information obtained by Capital.
Ethiopian Airlines has signed an aircraft purchase agreement with Boeing for 10 Boeing 777 freighter aircraft, marking a major expansion of the airline’s cargo fleet and strengthening its position in the global air freight market.
Ethiopia is accelerating the digital transformation of its logistics sector as state owned transport companies introduce integrated platforms aimed at reducing administrative delays, improving cargo visibility and strengthening trade competitiveness.
Ethiopia and the Asian Infrastructure Investment Bank (AIIB) have advanced discussions on potential financing for the planned Bishoftu International Airport and other strategic infrastructure projects, including energy and climate related investments.
