Ethiopian Airlines to Begin Construction of $10 Billion Bishoftu Airport in November
Ethiopian Airlines Group has announced it will break ground in November 2025 on one of Africa’s most ambitious aviation infrastructure projects: the $10 billion...
Ethiopian Airlines Denies Reports of Aircraft Lease Talks with Russia
Addis Ababa – August 5, 2025Ethiopian Airlines Group CEO Mesfin Tasew has firmly denied reports claiming the airline is in negotiations to lease aircraft...
Wegagen Bank Secures $85M Trade Finance Boost from TDB and Afreximbank
Wegagen Bank has secured an $85 million international trade finance guarantee facility through partnerships with the Eastern and Southern African Trade and Development Bank...
Ethiopia’s Halal Meat Exports Surge to $120 Million, Driven by Gulf Demand
Ethiopia has recorded a sharp increase in earnings from halal meat and livestock by-product exports, generating $120 million in the fiscal year ending June...
Ethiopian Airlines Reports Record $7.6 Billion Revenue in 2025 Fiscal Year
Ethiopian Airlines Group, Africa’s largest and most profitable carrier, has announced a record-breaking annual revenue of over $7.6 billion for the 2017 Ethiopian fiscal...
National Bank of Ethiopia Announces $150 Million Forex Auction to Ease Currency Pressure
In a move signaling increased momentum in foreign currency management, the National Bank of Ethiopia (NBE) has announced plans to hold its ninth foreign...
