By Tom Otley, Background Ethiopian has a modern fleet including the B787, B777-300ER, B777-200LR, B777-200 Freighter, and the Bombardier Q-400, with an average fleet age of five years. It flies to 92 international destinations across five continents and has 14 A350 aircraft on order of which the first is now on the London to Addis...
Category: Market Bazaar
Towards a Vibrant Africa
Teaching a man to fish is much harder but ultimately more rewarding than giving him one. When it comes to Japan’s impact in Africa, this philosophy is applied everywhere: the roads and bridges it builds, the businesses it helps create, and the children it educates. That’s why Japan was one of the first countries to...
Soma Loses U.K. Court Bid to Force SFO to End Bribery Probe
By Suzi Ring Soma Oil & Gas Holdings Ltd. lost a court bid to force the U.K. Serious Fraud Office to end a bribery investigation into the company despite arguing that the firm may become insolvent if the probe continues. Lawyers for Soma sought a judicial review of the probe from a London court Wednesday,...
Five reasons to visit Ethiopia – on the world’s newest passenger plane
By Richard Green , The Telegraph Ethiopian Airlines has launched the first regular scheduled Airbus A350-XWB service from the UK. This is the latest and most technologically advanced model from Airbus, and on Sunday Ethiopian began using it on its daily Heathrow-Addis Ababa route. Top five Reasons to visit Ethiopia: The rock churches of Lalibela...
Kenya to speed up creation of special economic zones
Nairobi- Kenya said on Friday it will speed up the creation of special economic zones (SEZ) as part of efforts to attract more investment and increase exports. “It’s in the interest of government and the private sector to move with speed to establish the Special Economic Zones which will be a critical driver in the...
The other Somalia
By Haroun Mahmud Earlier this year, the BBC reported the story of a thirteen-year-old boy with a passion for making electronic toys. The story would have been fairly unremarkable – and otherwise rather typical – were it not for the unique circumstances of the boy’s life. Guled Adan Abdi is from the northern town of...
IMF sees financing for Somalia if government sticks to reforms
NAIROBI, Somalia may be eligible to tap financing from the International Monetary Fund and other multilateral lenders if it maintains a reform program intended to help rebuild the country’s war-shattered economy, the IMF country head said. Prospects for peace after more than two decades of conflict have been boosted after Somalis agreed to elect a...
Ethiopian Airlines eyes Thai base
BY BOONSONG KOSITCHOTETHANA, Bangkok post Ethiopian Airlines has embarked on a service upgrade for its Bangkok-Addis Ababa route by deploying the Boeing 787 Dreamliner on the city pair. The replacement of the ageing B767-300ER with the new-generation wide-body jet, starting on Aug 3, forms part of a strategy to tap growing traffic opportunities between Africa...
Africa calling: mobile phone revolution to transform democracies
Explosive growth in mobile broadband use across the continent is improving transparency and giving a voice to citizens Tribesmen in Samburu national reserve in Kenya’s Rift Valley. There are more phones than adults in most countries on the continent. Photograph: Alamy Murithi Mutiga and Zoe Flood in Nairobi Mobile phones will account for almost one-tenth...
Businesses in Kenya lose billions in national electricity blackout
FILE PICTURE: Power lines. Picture: Nardus Engelbrecht/SAPA Salon owner Njeri Mwangi said she had lost a full day’s business despite the fact that the electricity supply was restored in the afternoon. Businesses in Nairobi and other major towns in Kenya have suffered losses running into millions of US dollars after a countrywide electricity blackout engulfed...

