By Sophie Hares TEPIC, Mexico (Thomson Reuters Foundation) – Giving the poorest people in the world’s fast-growing cities access to affordable, clean energy supplies, while wiping out the use of hazardous solid fuels is essential for urban economies to grow on a warming planet, researchers said. Some half a billion people in urban areas still...
Category: Market Bazaar
Ethiopian Airlines to upgrade its Sao Paulo services to non-stop direct flights
Ethiopian Airlines Group, the largest airline in Africa, has announced that it has finalized preparations to start nonstop direct services to Sao Paulo, Brazil, currently operated via Lome, Togo, effective September 16, 2017. Sao Paulo, the biggest city in the Brazil and in the southern hemisphere, is the economic and financial hub of the country...
In Somalia, resilience can be strengthened through social protection
BY ZAINEB MAJOKA, WBG I have been working on assessing Social Protection mechanisms in Somalia for more than a year where we are trying to understand the country’s social protection landscape. In 2011, some 260,000 people died from famine. Given that 51.8 percentage of the population is poor with average daily consumption below $1.9 and 9 percent are internally...
Africa needs $6tn for its infrastructure projects until 2040
By VICTOR KIPROP African countries will incur at least $4.3 trillion, or $174 billion a year, in financing infrastructure projects to support economic growth over the next 23 years, according to a recent report by G20’s Global Infrastructure Hub (GI Hub). The Global Infrastructure Outlook calls upon African countries to raise the continent’s infrastructural investments...
South Sudan Looks Forward for Infrastructural Integration With Ethiopia
By Desta Gebrehiwot South Sudan is optimistic that peace would be attained and look forward to push for the implementation of joint development projects with Ethiopia ranging from installing road networks to oil pipeline. Once peace is restored and the recurring of rebellions acts by some groups come to an end, South Sudan would forge...
20% drop seen in sheep prices
JEDDAH — Sheep prices are expected to decline by 20 percent following the lifting of ban on livestock imports from Somalia and arrival of two million heads of sheep, said Fahd Bin Siban Al-Sulami, a member of the board of directors of Jeddah Chamber of Commerce and Industry (JCCI). Al-Sulami said traders and investors in the...
Ethiopian Airlines revamps B767 fleet
By Mark Caswell Ethiopian Airlines has retrofitted the first of its B767-300ER aircraft with the carrier’s fully-flat business class seat. The Cloud Nine business class seats feature 17-inch TV screens and in-seat power sockets. The aircraft’s economy cabin has also been refurbished, with new seats offering wifi IFE accessible on passengers’ personal devices. Ethiopian’s B767-300ER...
Ethiopian Airlines on the up
Ethiopian airlines, the largest in Africa, has ordered 10 additional Airbus A350-900s and set in motion $ 345m Airport expansion project to raise the annual passengers capacity at Addis Ababa’s Bole International Airport frm 7m to 22m. In contrast with the poor performance of the African aviation industry over recent years, this expansion indicates the...
Ethiopia creating new Aviation Holding Group
By Kurt Hofmann The Ethiopian government will establish an Aviation Holding Group to oversee the country’s aviation-related interests. According to a government statement, the holding firm would manage Ethiopian Airlines, its cargo and MRO services, Ethiopian Aviation Academy, Ethiopian Airports Enterprises (EAE), Ethiopian Inflight Catering Services, and Ethiopian Hotel and Tourism Services. Ethiopian Airlines Group CEO Tewolde...
Ethiopian Airlines to start services to Bahrain
Accra, GNA – Africa’s largest airline group, Ethiopian Airlines, will start services to Bahrain effective from August 17 with the latest B737-800 New Generation with Sky Interior. Bahrain, a nation comprising more than 30 islands, in the Persian Gulf, has been at the Centre of major trade routes since the olden days with growing economy...


