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Ethio Telecom, Safaricom agree to share infrastructure
Spread the NewsEthio telecom, Safaricom Ethiopia Telecommunications PLC and Ethiopian Communications Authority (ECA) conducted a productive meeting and successfully concluded their multi round negotiations on infrastructure sharing and interconnection. ECA and Safaricom will sign agreement soon, according to Ethio Telecom. “These round of negotiations will clear the field for the service Safaricom will launch this…

Ethiopian Airlines conducts B737 MAX demo flight
Spread the NewsEthiopian Airlines, Africa’s largest and the leading Aviation Group has returned its B737 MAX back to the skies on Tuesday in a non-stop flight of 4:30 hour in different parts of Ethiopia. The flight was initially planned to take place to Mount Kilimanjaro in Tanzania from Addis Abeba. However, that flight to Tanzania…

Safaricom ranked “Most Valuable Firm” in East Africa by market cap
Spread the NewsAccording to a report— a compilation of the most valuable brands by market capitalization – by analysts at AfricanFinancials Group, Safaricom is the most valuable brand in East Africa and Mauritius, with a market capitalization of $15.4 billion. Safaricom’s shares have soared following its announcement of securing a telecommunications license to operate in…

Addis Abeba-Djibouti Railway earns $67 million
Spread the NewsThe 752.7 km Ethiopia-Djibouti railway, also known as Addis Abeba-Djibouti railway, announced record high revenue of $67 million in the first ten months of 2021. The first modern electrified railway line in East Africa, official commercial operations for both passenger and freight services commenced in January 2018, reported a record increase of 36.5…

Ethiopian Airlines orders Africa’s first A350-1000
Spread the NewsEthiopian Airlines Group, the flag carrier of Ethiopia, Africa’s largest airline group, has upsized four of its A350-900 on order to the largest variant of the A350 Family, the A350-1000, becoming Africa’s first customer for the aircraft. Ethiopian Airlines has already ordered 22 A350-900s, of which 16 aircraft have been delivered. With the…

Former CEO of Ethiopian Airlines receives life time achievement award
Spread the NewsBy Kaleyesus Bekele Tewolde Gebremariam, former Ethiopian Airlines Group CEO, has received a life time achievement award from Flight Global, a London based aviation Publication Company. Turkish Airlines chief Bilal Eksi and former head of Ethiopian Airlines were among senior industry leaders recognized at this year’s Airline Strategy Awards on Sunday July 17,…