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The effect of Donald Trump’s travel ban on Ethiopian Airlines

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Ethiopian Airlines, a state-owned operator, said it is performing well financially despite recent travel ban complications by the US President, Donald Trump. Ethiopian Airlines CEO, Tewolde Gebremariam,  said on Tuesday that Trump’s order halting immigration from 7 states created confusion for passengers but had little impact on operations. The order of …

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Premier appoints Getahun Nanna as head of Development Bank of Ethiopia

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Ethiopia’s Prime Minister Hailemariam Desalegn has appointed Getahun Nanna President of the Development Bank of Ethiopia (DBE). Today, 30th Nov 2016, Development Bank of Ethiopia posted on Facebook; “Getahun Nanna, Vice Governor Financial Institutions Supervision Cluster of the National Bank has been appointed to lead the Development Bank of Ethiopia …

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Ethiopia’s Minister says Grand Renaissance Dam 70% complete

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Ethiopia’s government communication affairs office Minister, Getachew Reda, said that his country completed 70 percent of construction of the hydropower Renaissance Dam. Asked about differences on the construction of the Renaissance Dam, Reda said: “Sudan, Ethiopia and Egypt have agreed on the technical committees. Furthermore, we haven’t promised to stop …

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Ethiopian Airlines to start flights to Turkey’s financial capital

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Ethiopian Airlines announce that it will start thrice weekly services to Istanbul with the latest B737-800 New Generation with Sky Interior, as of its Winter schedule. Istanbul is the largest European city and Turkey’s historic, industrial and financial capital. “Our new flights to Istanbul will complement the daily services being …

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Devex honors Ethiopian Dr Eleni Gebremedhin

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Eleni Zaude Gabre-Madhin (PhD) is an Ethiopian economist and a former Chief Executive Officer of the Ethiopia Commodity Exchange (ECX). She has had many years of experience working on agricultural markets – particularly in Sub-Saharan Africa  – and has held senior positions in the World Bank, the International Food Policy …

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