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ADDIS ABABA, (Xinhua) — The upcoming Second Belt and Road Forum for International Cooperation, slated to be held later this month in Beijing, is a vital platform to spur Ethiopia’s economy and infrastructure, Ethiopian officials and scholars told Xinhua. Costantinos Bt. Costantinos, who served as an economic advisor to the African Union (AU) and the...
ADDIS ABABA, (Xinhua) — Ethiopian Airlines (ET) Group CEO Tewolde Gebremariam on Thursday said the air carrier is considering adding China’s C919 passenger planes to its aircraft fleet. Speaking to Xinhua, Gebremariam said ET has formed a joint committee with Chinese counterparts to follow up the progress of C919 passenger planes. “ET’s engineers are working...
Dominic Omondi Value of crop bought by Asian nation in January and February declined to Sh23 billion from Sh30 billion during the same period last year. The biggest consumer of Kenyan tea is losing appetite for the beverage. Latest official data from Central Bank of Kenya shows the value of tea exported to Pakistan in...
ADDIS ABABA (Reuters) – Ethiopian inflation rose to 11.2 percent in the year to March, the statistics bureau said on Saturday. Year-on-year inflation was 10.9 percent in February. The rise was mainly due to an increase in the price of cereals in the food basket, and non-food items such as house rent, fuel such as...
STRASBOURG (Reuters) – Single-use plastic items such as straws, forks and knives as well as cotton buds will be banned in the European Union by 2021 following a vote by EU lawmakers on Wednesday as the bloc pushes manufacturers to step up their recycling efforts. Growing concerns about plastic pollution in oceans and stories of...
Addis Ababa, (FBC) – Ethiopian Airlines disclosed that it will sue two US-based newspapers, The New York Times and Washington Post, for publishing baseless defamatory stories. The New York Times alleged that the Ethiopian pilot who crashed B-737-8 MAX Boeing Max 8 “didn’t receive training”, while the Washington Post too carried “baseless and factually incorrect”...
Witney Schneidman, Brookings Ethiopia’s prime minister, Dr. Abiy Ahmed—the youngest African leader at 42 years old—has initiated a series of unprecedented economic and political reforms in his first 12 months in office. The core challenge that he faces is moving the economy from state-led to market-based growth while overseeing far-reaching political reforms. Success is far from...
The Italian Government has signed an agreement for an additional €1 million contribution to the Multi-Partner Somalia Infrastructure Fund. Established by the Bank in October 2016, the Fund is one of the financing windows under the Somalia Development and Reconstruction Facility of the New Deal Compact for Somalia. It aims to support and accelerate Somalia’s...
Standard Digital Kenya’s Ministry of Transport has clarified that the Somalia minister in charge of Aviation Mohammed Abdullahi Salad has no role in awarding the tender for General Sales Agent for Kenya Airways in Somalia. Kenya Airways had in November 2018 requested interested parties to bid for the General Sales Agency in Somalia territory. “It is...