borkena October 19,2018 Calzedonia Italian fashion apparel manufacturer opened factory today in Mekelle, northern Ethiopia, which is said to be its first business venture in Africa. The location of the factory has proximity to Eritrea’s Massawa port and is expected to contribute to regional economic growth, says the report by Ethiopian Broadcasting Corporation (EBC). Mekelle […]
borkena October 17,2018 One of the leading German Automobile manufacturers, Volkswagen, could be investing in Ethiopia. A report by state media, Ethiopian Broadcasting Corporation (EBC), says CEO of the company, Thomas Serdan, led management team of the company to assess the situation in Ethiopia. Chief of Staff in the Office of the Prime Minister, Fitsum […]
borkena August 11,2018 Ethiopian Airlines CEO, Tewolde Gebremariam, calls this fiscal year 2017/18 “an exceptional year for Ethiopia.” And he explained it why it was so. With 43 percent growth in operating revenue, the airline has certainly pushed further the borders of its performance history. The success, according to Tewolde, is rather a well rounded […]
borkena August 4,2018 Eritrean Airlines started commercial flights to Ethiopia. Eritrean passenger’s plane touched down at Bole International Airport in Addis Ababa for the first time in more than twenty years. Eritrean transport and tourism ministers,and head of the Airline were on board of the flight, according to Ethiopian State media report. Deputy minister in […]