The Ethiopian government announced plans to commence the construction of a railway link between the Awash fuel depot and Djibouti's Horizon Terminal in the coming Ethiopian year (2017).
Ethiopian Airlines Group has announced a partnership with the United States Transportation Security Administration (TSA) PreCheck program, promising a more streamlined travel experience for its customers departing from the United States.
The Ethiopian Toll Roads Enterprise (ETRE) is set to introduce a cashless payment system at selected toll gates this fiscal year, as part of Ethiopia's broader digitalization agenda. The initiative also includes digitizing road data to streamline administrative processes and enhance efficiency.
Ethiopian Airlines has announced a strong performance for the 2023/2024 fiscal year, raking in USD 7.02 billion in revenue. This represents a 14% surge compared to the previous year.
Ethiopian Shipping and Logistics (ESL) generated a revenue of Birr 57.14 billion birr, surpassing its financial targets for the 2023/24 fiscal year by 20%. The company also achieved a profit of Birr 8 billion.
