Ethiopian Airlines CEO gets award for facilitating free trade in Africa

Ethiopian Airlines CEO gets award for facilitating free trade in Africa

borkenaJanuary 22, 2021  Ethiopian Airlines CEO, Tewlde Gebremedhin, got a trophy award “exceptional contribution in operationalizing the African Continental Free Trade Area (AfCFTA),” as reported by the Airlines.  It was at a ceremony co-organized by AeTrade Group  and The African Union Commission that he was awarded. Earlier this year, Ethiopian Airlines announced that it has […]

Ethiopian Toll Roads Enterprise generated 193 mln birr in six months

Ethiopian Toll Roads Enterprise generated 193 mln birr in six months

borkenaJanuary 14, 2021  Ethiopian Toll Roads Enterprise said on Thursday that it has collected over 193 million birr in six months. It has also generated about 12.65 million birr from miscellaneous income streams.  Toll road is a recent experience in Ethiopia and Ethiopian Toll Roads Enterprise is mandated to operate and maintain toll roads.  Join […]

Tigray gets extended time to change old banknotes

Tigray gets extended time to change old banknotes

borkenaDecember 30, 2020  Tigray region of Ethiopia is getting fourteen days of extension to change old banknotes, the National Bank of Ethiopia on Wednesday announced in a statement sent to state media Fana Broadcasting Corporate (FBC).  It is effective starting December 30 and banks will be working including weekends for the next two weeks.  Banknote […]

Ethiopia cancels privatization of Ethiopian Shipping & Logistics Services Enterprise

Ethiopia cancels privatization of Ethiopian Shipping & Logistics Services Enterprise

borkenaOctober 11, 2020  Ethiopia reportedly canceled planned partial privatization of Ethiopian Shipping & Logistics Services Enterprise.  The Ethiopian Reporter cited the Minister for Transport Dagmawit Moges to report that the enterprise has canceled the sale of ships because the revenue generated from is less than revenue that could be obtained from delivering the service as […]

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