ADDIS ABABA, (Xinhua) — Ethiopia’s national air carrier, Ethiopian Airlines (ET) announced on Tuesday it has partnered with Air Djibouti and Djibouti Industrial Park Operation (IDIPO) to commence sea-air multimodal transportation. In a press statement, ET disclosed the agreement will see cargo being transported from Chinese destinations to Djibouti Free Zone by sea and then...
November 9, 2026
Category: Market Bazaar
Post
Ethiopian Airlines signs agreement for five new Boeing 777-8 freighters
Ethiopian Airlines, Africa’s largest aviation group, has signed an initial agreement with Boeing to order five of its newest freighter jets, the 777-8s, to expand its cargo operations. The deal to order the freighter version of the 777X will enable Ethiopian Airlines to meet expanding global cargo demand from its hub in Addis Ababa and position the carrier...
Post
South Africa to ban foreigners from starting businesses in some sectors
Government will introduce new employment quotas on foreign workers, as well as ban foreigners from starting small businesses in some sectors. On Monday, Employment and Labour Minister Thulas Nxesi introduced the National Labour Migration Policy (NLMP) and Employment Services Amendment Bill for public comment. The NLMP will introduce quotas on the total number of documented...
Post
Ethiopian Coffee Brands Launch on China’s Largest e-Commerce Platform, Alibaba Group
Addis Ababa, (ECA) – Imagine using one second to sell more than 11,200 bags of Ethiopian coffee. That is what happened on January 19, 2022, during the Ethiopian Coffee Brands Launch on China’s Largest E-Commerce Platform, Alibaba (Tmall Global), in a joint effort with the United Nations Economic Commission for Africa (ECA) and the Ethiopian...
Post
Kenya: CBK Projects 2022 GDP Growth to Be Sustained at 5.9%
Nairobi, Kenya — The Central Bank of Kenya has projected Kenya’s economy to grow at a sustained rate of 5.9 percent, a slight downgrade from its previous 6 percent estimate. CBK Governor Patrick Njoroge, during the post-Monetary Policy Meeting (MPC) briefing, noted that Agriculture and services sector will be key growth drivers and are expected...
Post
Fairmont Djibouti, the preeminent hotel in the Djibouti market
Archetype Group has been chosen by Carnegie Hill Hospitality, which is partnering with Accor, to work on its first luxury property in Djibouti: Fairmont Djibouti, located in Djibouti City, which is said to be one of the country’s most affluent areas. Strategically located by the beach in Plateau du Serpent, the hotel will offer its visitors convenient proximity...
Post
Young Somalilander overcomes hearing disability to succeed in e-commerce
Abdirahman Mohamed Abdi, 21, who is deaf, runs a thriving online retail business employing 15 young people. He is supporting his parents and also paying fees for his two younger brothers in a local primary school. His online shop, called Deaf Boy Online, operates from the Somaliland capital Hargeisa, advertising the products of various partner...
Post
Ethiopian Airlines to return MAX to service in February 2022
Ethiopian Airlines is due to reactivate its Boeing 737 MAX fleet in February. According to the chief executive officer of Ethiopian Airlines, Tewolde Gebremariam, it took more than 20 months for the company to regain confidence in the safety issues of its Boeing 737 MAX fleet. Thereby, the carrier, whose Boeing 737 MAX 8 passenger...
Post
Kenyan shilling to weaken, Zambian kwacha too seen hurt by importer demand
NAIROBI, Dec 16 (Reuters) – The Kenyan shilling is expected to face pressure but that may ease gradually, while the Zambian kwacha is also anticipated to weaken amid higher importer appetite for hard currency. KENYA Kenya’s shilling is expected face pressure in coming days but traders said they anticipated demand for dollars would ease as...
Post
Somaliland launches revamped Berbera Airport
By ABDULKADIR KHALIF, The East African Somaliland, the self-declared independent region north of Somalia, on Saturday officially launched a renovated Berbera International Airport, seeking a slice of the growing aviation earnings in the region. President Muse Bihi, alongside Somaliland government officials and a delegation from the United Arab Emirates (UAE), cut the ribbon, officially announcing that...