Sudan’s Al-Burhan, Ethiopian prime minister discuss bilateral relations
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Source:Ethiopian News
November 15, 2023 18:37 UTC
Ethiopia puts third licence on ice
The Ethiopian government failed to attract any bidders for its third telecoms licence according to sources speaking to Bloomberg, as investors are put off by the current political instability in the country. A United Nations panel reported Ethiopia is at a high risk of seeing more war atrocities as tensions boil. Ethiopia announced plans to auction a third telecoms licence in July to spur competition in the telecoms sector. Ethiopia opened its doors to international companies and accepted Safaricom Ethiopia to rival state-owned Ethio Telecom in 2021. Business Daily reported, Safaricom gained over five million subscribers since launching commercial operations in 2022.
Source:Ethiopian News
November 15, 2023 17:44 UTC
Chicago restaurant serving up Ethiopian fare and supporting a good cause
Demera, an Ethiopian restaurant in Uptown, is entering the third year of raising money to aid the humanitarian crisis in Tigray, Ethiopia. Since 2007, chef Tigist Reda has been creating beautiful spreads of Ethiopian food at Demera; bringing people together over heaping platters of meat and veggie stews, served atop freshly made injera bread. Reda was born and raised in Ethiopia, and her restaurant feels like an extension of that, bringing a bit of her hometown to Chicago. I've got to help," Stegner said. Reda is using her voice and her kitchen and her friends to help in the best way they know how.
Source:Ethiopian News
November 15, 2023 17:37 UTC
Washington announces resumption of food aid to Ethiopia
Deliveries of food aid from the United States to Ethiopia will resume throughout the country, the US Development Agency (USAID) announced on Tuesday, following the conclusion of an agreement to monitor the distribution of aid. "These far-reaching and significant reforms will profoundly change the food aid system in Ethiopia and ensure that aid reaches those suffering from acute food insecurity," USAID spokeswoman Jessica Jennings said in a statement. The US agency had already announced in early October a limited resumption of food aid deliveries to meet the needs of thousands of refugees in Africa's second most populous country. Around 17% of Ethiopia's 120 million inhabitants depend on international food aid. But last June, the UN and the United States suspended the distribution of food aid throughout the country because of "widespread and coordinated" misappropriation.
Source:Ethiopian News
November 15, 2023 17:23 UTC
US will resume food aid to millions across Ethiopia after monthslong pause over massive corruption
ADDIS ABABA, Ethiopia (AP) — The lead U.S. development agency plans to restart food aid deliveries for millions of people across Ethiopia in December, five months after it took the extraordinary step of halting its nationwide program over a massive corruption scheme by local officials. About one-sixth of Ethiopians received food aid before discovery of the food theft early this year. USAID and the U.N.’s World Food Program suspended food aid to Ethiopia’s Tigray region in mid-March after uncovering the colossal scheme. The agency previously sought to remove Ethiopian government officials from having any role in aid processes to stem corruption. The WFP restarted aid to refugees in Ethiopia in October but is yet to resume food aid nationwide.
Source:Ethiopian News
November 15, 2023 17:01 UTC
Dubai Airshow Day 3 focus shifts to space and future technologies
At the Dubai Airshow 2023, Boeing has taken the spotlight with over 200 aircraft sold, overshadowing Airbus, which secured only 2 orders. As Day 3 unfolds, the focus shifts to space and future technologies. The announcement was made during a press conference held as part of the GCAA’s participation in the Dubai Airshow 2023, taking place at Dubai World Central from November 13 to 17. 11:34AMSheikh Mohamed visits Dubai AirshowPresident His Highness Sheikh Mohamed bin Zayed Al Nahyan visited the EDGE Group pavilion at the Dubai Airshow. 11:30AMGet a front-row view of innovation11:13AMSheikh Hamdan tours Dubai Airshow 2023
Source:Ethiopian News
November 15, 2023 15:09 UTC
Ethiopia’s only foreign-owned finance group withdraws citing FX constraints
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Source:Ethiopian News
November 15, 2023 15:09 UTC
US-Based Financier Shuts Ethiopian Unit Citing Forex Rules
Bloomberg BusinessweekCarol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editors.
Source:Ethiopian News
November 15, 2023 14:34 UTC
Ethiopian Airlines Announces a Deal with Boeing
The company will buy 20 737 MAX aircraft, as well as 11 additional 787 Dreamliners during the Dubai Air Show. The east African airline CEO Mesfin Tasew, says it’s only the beginning. “The accident on the max (737-max) that happened before four years was a very, very sad accident. It has left a big scar in our memory, and we always feel sad for the victims of that accident. We have checked and confirmed that the design defect of that aircraft has been fully corrected by Boeing, and we have renewed our confidence in that aircraft.” Boeing described the sale as the largest-ever purchase of Boeing aeroplanes in African history, without disclosing a price point for the deal.
Source:Ethiopian News
November 15, 2023 14:06 UTC
Ethiopian buys more Boeing 737 Max nearly five years after deadly crash
Ethiopian Airlines on Tuesday placed an order for Boeing 737-8 MAX narrow-body jets, nearly five years after the fatal 2019 MAX aircraft crash that led to the grounding of the global fleet...An Ethiopia’s Airlines Boeing 737 Max 8 plane to take off on a demonstration trip to resume flights from the Bole International Airport in Addis Ababa, Ethiopia February 1, 2022. REUTERS/Tiksa Negeri/File Photo{{imageIn March 2019, an Ethiopian Airlines 737 Max plane crashed shortly after take-off from Ethiopia's capital Addis Ababa, killing all 157 passengers and crew on board. The accident followed a Lion Air 737 Max crash in Indonesia's Java Sea five months earlier which killed all 189 people on board. Ethiopian Airlines announced the order on the second day of the week-long Dubai Airshow, where order announcements have been dominated by US planemaker Boeing. Tasew said Ethiopian Airlines expects to exercise options to purchase another 21 of the narrow-body planes.
Source:Ethiopian News
November 15, 2023 14:05 UTC
Ethiopian equips new A350’s with Thales’ Avant up inflight entertainment
Bruno GUINAMAND, Regional Vice President, Thales Inflyt Experience, “Ethiopian has trusted Thales as an inflight entertainment supplier for more than a decade and now to equip its new A350-1000 aircraft with the latest AVANT Up IFE solution. Thales’ AVANT Up brings to Ethiopian the latest consumer technologies and capabilities to the aircraft. The first of Ethiopian Airlines’ Airbus A350-1000 aircrafts on order is set to be delivered in the third Quarter of 2024. About Ethiopian AirlinesEthiopian Airlines Group (Ethiopian) is the fastest-growing airlines brand globally and the continent’s largest airline brand. As a multi-award-winning airline, Ethiopian has been the champion in various coveted awards including Skytrax’s ‘Best Airline in Africa Award’ for six consecutive years among others.
Source:Ethiopian News
November 15, 2023 13:45 UTC
Ethiopia: News - Ethiopia's Quest for Sea Outlet, Own Port Neither New Nor a Threat to Neighboring Countries: PM Abiy
That was further reduced to the use of the port of Djibouti after disagreements and conflict with Eritrea. He mentioned recent news of missile attacks coming from Yemen, which is only about 28, 29 km sea width from Djibouti. If the big powers there start shooting at camps on other side, it leaves Ethiopia, a country with a population of 120 million, without options. "When Ethiopian says it is facing challenges, brotherly neighboring countries must ask what it is that is challenging Ethiopia." he askd, and goes on to say that Ethiopia built the GERD to produce energy and to measure and send the water "to our brothers" throughout the year, in order for it to benefit both Ethiopia, Sudan and Egypt.
Source:Ethiopian News
November 15, 2023 13:33 UTC
After new 787s, Ethiopian Airlines expands commitment for more Airbus A350-900
The day after announcing a deal to receive more Boeing 787s, Ethiopian Airlines entered into a Memorandum of Understanding (MoU) with Airbus to add 11 A350-900s to its order book. If confirmed, the new order will bring the total number of widebodies to 33 aircraft, including four A350-1000s still pending delivery. Currently, Ethiopian Airlines operates 20 A350-900s, 18 of which were received directly from Airbus. “We are excited to place this commitment for 11 Airbus A350-900s. Follow ADN: Instagram | LinkedIn | Twitter | FacebookOn Tuesday, Ethiopian placed a firm order for 11 787-9 Dreamliners in addition to 20 737 MAX 8s.
Source:Ethiopian News
November 15, 2023 12:37 UTC
US to resume food aid deliveries across Ethiopia after halting program over massive corruption
ADDIS ABABA, Ethiopia (AP) — The United States Agency for International Development will restart food aid deliveries across Ethiopia in December, five months after it halted its nationwide program over a massive corruption scheme by local officials. USAID officials said it could be the largest-ever theft of food aid. The suspension affects 20.1 million Ethiopians who rely on food aid because of conflict and drought. The U.S. aid agency did not say if Ethiopian officials are still involved in the delivery of food. The WFP also restarted aid to refugees in Ethiopia in October but is yet to resume food aid nationwide.
Source:Ethiopian News
November 15, 2023 12:26 UTC
Airbus order book swells with latest Dubai Air Show deal
Airbus order book swells with latest Dubai Air Show dealEthiopian flagship carrier, Ethiopian Airlines Group, has signed a memorandum of understanding (MoU) for 11 additional Airbus A350-900s to be added to its existing fleet. The deal was announced at the Dubai Air Show and the latest agreement takes Ethiopian Airlines’ total order book and commitment for the A350 to 33, including four A350-1000s. Ethiopian Airlines currently operates a fleet of 20 A350-900s and with this commitment, it will confirm its position as Africa’s biggest A350 customer. The signing of the MoU took place in the presence of Ethiopian Airlines Group CEO Mesfin Tasew and Airbus chief commercial officer and head of international, Christian Scherer. Mesfin Tasew said: “We are excited to place this commitment for 11 Airbus A350-900s.
Source:Ethiopian News
November 15, 2023 12:26 UTC