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China Airways Launches Direct Flight From Beijing to Addis Ababa

China Airways launches direct flight today, from Beijing, China to Addis Ababa, Ethiopia, Ethiopian News Agency reported. According to Ethiopian Airports Enterprise (EAE), China Airways will fly to Addis Ababa trice a week. The Beijing-Addis Ababa flight is the airline’s second to Africa after it launched Beijing-South Africa route on …

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India’s Raymond Ltd. Concludes Investment Agreement with Ethiopia

India’s Raymond Ltd Company has concluded an agreement with the Ethiopian Investment Commission to invest in Ethiopia, according to Ethiopian News Agency (ENA). The agreement, which was inked in Mumbai, India, involves a 100 million USD investment in Hawassa town, Southern Nations, Nationalities and Peoples Regional State of Ethiopia. Genet …

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Standard Bank opens branch office in Ethiopia

Standard Bank Group has expanded its East African footprint with the official opening of a representative office in Ethiopia. The bank’s chief executive, Ben Kruger, who opened the representative office in Addis Ababa, said on Friday the growth potential for the East African region continued to attract significant investment. “We …

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Ethiopia Opposition Groups Say They Are Uniting for Change

Five Ethiopian dissident groups in exile said they have formed an alliance to bring a change of government back home, describing Prime Minister Hailemariam Desalegn’s government as oppressive. The new group is called the People’s Alliance for Freedom and Democracy, according to a joint statement issued Friday in Oslo, Norway, …

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Boeing torn between Kenya and Ethiopia offices

American aircraft manufacturer Boeing is weighing options of opening an office either in Kenya or Ethiopia to gain a foothold in the eastern Africa market. Boeing Company senior vice president Marc Allen said Thursday the US giant is assessing factors like human resource, infrastructure and existing frameworks for partnerships in …

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