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Dreamliner Painted in Ethiopian Livery

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Category: Latest Business Alerts

The first Boeing 787 Dreamliner that will be delivered to Ethiopian Airlines has been painted in the airline’s livery and is in the final stages of preparation for delivery announced Ethiopian Airlines.

The aircraft was painted in the national colors of green, yellow and red and will fly back to Seattle from San Antonio, Texas it was said in the company press release.

Ethiopian Airlines is proud to the first African carrier to fly the much awaited, state of the art Dreamliner and anticipates delivery within the next month according to the release.

Last Updated on 14 August 2013
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Dreamliner to Arrive in Ethiopia

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Category: Latest Business Alerts

The first of the ten Boeing B787-8 Dreamliner aircraft ordered by Ethiopian Airlines is expected to arrive in Addis Ababa later on this week.

Ethiopian Airlines pilots and technicians are trained and ready to operate the new aircraft which will arrive in Ethiopia on the 17th of August said Tewolde Gebremariam, Chief Executive of the Airline. Technicians are also being sent for further practical training to ANA he said.

Ethiopian is organizing a ‘Dream Tour’ to Kilimanjaro on August 18th for VIPS, members of the media and business people will be taken on a sightseeing tour of Africa’s highest peak said Tewolde.

Last Updated on 14 August 2013
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Drilling at Ethiopia Gold Project Yields Promising Results

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Category: Energy and Mining

Stratex International, the AIM-listed gold miner, reported that it had seen promising results from its current drilling programme at the Megenta hot spring epithermal gold prospect, in the Afar region of Ethiopia.

The company said that it had intersected a broad near-surface zone of 43.55 m grading at 0.67 g/t gold at Hole MG-DD-10 and promising grab samples have also been collected from the Akehil prospect about 9 km away from Megenta.

Last Updated on 14 August 2013
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Dry Ports Services in Ethiopia Earns 46.1 Mln Birr

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Category: Latest Business Alerts

Dry Ports Services Enterprise made a 46.1 million birr net profit last fiscal year from dry ports activities like loading and unloading cargoes, and temporary storage for import and export cargoes.

The income was obtained from dry port services to 19,125 containers and 526 vehicles. The enterprise had planned to make 93.10 million birr in gross profit in the last fiscal year but earned an actual profit of 91 million birr.

Last Updated on 14 August 2013
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DTEK to Supply Coal to Ethiopia

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Category: Import and Export

Ukraine’s largest private power and coal producer DTEK is to supply coal to Ethiopia this year. The company will deliver coal to Ethiopia to be used in cement production as part of its bid to increase its presence in forign markets.

The export potential to African markets is estimated at least 300, 000 tons of anthracite coal according to Andrev Favorov, Commercial Director with DTEK in a statement.

There is significant demand for high quality anthracite coal on the African continent he noted.

Last Updated on 14 August 2013
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