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...
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...
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...
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...
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, 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...
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...
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...
By Alazar Shiferaw Ethiopia earned 866 million USD exporting 221,000 tons of coffee during its last fiscal year . According to Ethiopian Coffee & Tea Development and Marketing Authority, it has accomplished 92 per cent of its set goal to increase coffee exports. ” It is a very great achievement compared to nation’s previous years’...
The Communications Authority of Kenya (CA) said the telecoms sector is now a critical element in the country’s economy, as it revealed strong figures relating to mobile payments for goods and services. In a report, CA noted the telecom industry’s contribution to Kenya’s broader economy laid a foundation for growth in mobile money services. The...