Saudia, the national flag carrier of Saudi Arabia, has announced a significant expansion of its global flight network, adding more…
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IMF reflects on Asia economic outlook
By Andualem Sisay Gessesse – Washington DC, USA – On the sidelines of the Spring meetings of the International Monetary…
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Global foreign direct investment up 3 percent, UN report
Global foreign direct investment (FDI) flows in 2023, at an estimated $1.37 trillion, showed a marginal increase (+3%) over 2022,…
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African airlines traffic up 124 percent
African airline traffic increased by 124 percent in January 2023 compared with January 2022, says the International Air Transport Association…
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Study advices Ethiopia not to rush to banking liberalization
As oppose to the push by the international financial institutions, a new study by the renowned professor of Economics at…
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400,000 additional lives at risk of malaria
The Roll Back Malaria (RBM) Partnership to End Malaria calls on countries to act now to save almost 400,000 additional…
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Ethiopian wins best African cargo airline awards
Ethiopian Cargo and Logistic Services says it has won ‘2019 Best Cargo Airline –Africa’ Award at the Air Cargo News…
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Ethiopian Airlines wins two continental awards
Ethiopian Cargo & Logistics Services, Africa’s largest cargo operator, wins ‘African Cargo Airline of the Year’ and ‘Air Cargo Brand…
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U.S. provides $900 million to Africa, Asia, Latin America projects
The Overseas Private Investment Corporation (OPIC) of the United States government on Thursday approved $895 million in financing and political…
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Malteries Soufflet enters Ethiopian brewery market
Malteries Soufflet, a major operator in the world malt market with twenty-seven plants in Europe, Asia and South America, is…
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