Ethiopia: Ethiopian Business Group Inaugurates Heavy Trucks Maintenance Center in Afar Regional State
Equatorial Business Group’s (EBG) heavy trucks maintenance center in Semera, Ethiopia was inaugurated on Saturday, April 26, 2015.
Ethiopia: Ethiopian Businesswomen Aiming for Turkish Market
Ethiopian businesswomen led by the first lady, Roman Tesfaye, made their Istanbul, Turkey, fourth day visit on Tuesday, June 17, 2014 and commented the meeting has enabled them find export market as well as import goods to increase the quality of their products.
Ethiopia: Ethiopian Celebrates Decade Long Partnership with CFM
Ethiopian Airlines and CFM International celebrated their decade long partnership, as the earlier has been CFM’s customer ever since it began flying using CFM56-7B-powered Boeing 737-700 aircraft back in 2003.
Ethiopia: Ethiopian CEO Awarded Gold Medal
Tewolde Gebremariam, Ethiopian Airlines’ Chief Executive Officer (CEO), is awarded a Gold medal by the company’s Board of Directors. He is awarded the medal for his efforts to make the Airline deliver sustainable quality services and profit making company.
Ethiopia: Ethiopian Closed Pre-Delivery Financing Agreement with ING
ING Capital LLC announced that it closed a 107.5 million USD pre-delivery payment (PDP) financing for Ethiopian Airlines on May 12 in respect of Airbus A350-900 aircraft. The airline is utilizing the PDP financing to finance a portion of the pre-delivery payments which it makes to Airbus prior to the delivery of each aircraft. ING Capital is the sole lender and facility agent.
