Ethiopia: Yango Partners with Nib Bank and Insurance to Offer Drivers Full Premium Coverage

Metered taxi service provider Yango has launched a new initiative to provide its drivers with full premium insurance coverage.

Metered taxi service provider Yango has launched a new initiative to provide its drivers with full premium insurance coverage.

Ethiopian Airlines Group and Archer Aviation have signed an agreement to introduce Archer’s "Launch Edition" Midnight aircraft, a groundbreaking step in bringing electric Vertical Take-Off and Landing (eVTOL) technology to Ethiopia and the wider African continent. The collaboration aims to develop an air taxi network and promote eco-tourism.

The Ethiopian Maritime Authority (EMA) has officially granted licenses to five new multimodal transport operators (MTOs), marking a major shift in the country’s logistics sector. This move comes one year after the government ended Ethiopian Shipping and Logistics’ (ESL) 15-year monopoly, allowing new players into the market.

The Ethio-Djibouti Railway Standard Gauge Share Company (EDR) has officially entered Ethiopia’s competitive logistics sector after securing a Multimodal Transport Operation (MTO) license from the Ethiopian Maritime Authority (EMA).

The Ethiopian Shipping and Logistics (ESL) has officially launched the re-construction of the Kality Dry Port and Terminal following the signing of an agreement with the Ethiopian Engineering Corporation. The agreement was signed by ESL CEO Beriso Amelo (PhD) and Ethiopian Engineering Corporation CEO Shimelis Eshetu.