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TNA aims to become preferred charter operator in East Africa
Spread the NewsBy Kaleyesus Bekele Trans Nation Airways (TNA) , a private charter flight operator based in Addis Ababa, Ethiopia, is aiming higher to become the preferred charter operator in East Africa region. Established in 2004 TNA operates two Dash8 aircraft and recently acquired a new King Air360 from Textron Beech Aircraft Company. The parent…

Addis Chamber’s 16th annual general meeting underway
Spread the NewsThe 16th Annual General Meeting of Addis Abeba Chamber of Commerce and Sectorial Associations (AACCSA) is underway today at Inter Luxury Hotel. Annual performance reports of 2019/20, 2020/21 and 2021/22 have been presented by an independent auditor. The reports reviewed Auditor’s financial statements of the Chamber. At the end of the Annual General…
Ethiopia’s hydro carbon potential highlighted at the Doha Economic Forum
Spread the NewsEthiopia’s hydro carbon potential has been highlighted at the Doha Economic Forum held this week. Tewodros Ashenafi, chairman and CEO of South West Holdings, who participated at the Doha Economic Forum explained about Ethiopia massive oil and gas potential. Tewodros who was a panelist in the Doha Economic Forum remarked, “Ethiopia has 350,000…

Ethiopian celebrates B 767 passenger to cargo conversion
Spread the NewsEthiopian Maintenance, Repair and Overhaul (MRO) celebrates a milestone on B 767 passenger to cargo conversion as the first conversion site in Africa, in collaboration with Israel Aerospace Industries (IAI) in the presence of His Excellency Ambassador Aleligne Admasu, Ambassador of Israel to Ethiopia, Mr. Mesfin Tasew, Ethiopian Group CEO and other honorable…

PM Abiy inaugurates Free Trade Zone in Dire Dawa
Spread the NewsPrime Minister Abiy Ahmed (PhD) has inaugurated Dire Dawa Free Trade Zone on Sunday. Dire Dawa is selected to host the free trade zone due to its proximity to ports, market potential, huge cargo gravity and suitability for multimodal transport and logistics operation. Increasing import substitution and export revenue, job creation, and skill…

IMF projected Ethiopia’s economic growth to be 3.8% in 2022
Spread the NewsThe International Monetary Fund (IMF) announced that it has predicted Ethiopia’s economic growth to slow in 2022 because of the impacts of internal conflict and pandemic. IMF has issued its Regional Economic Outlook for Sub-Saharan Africa this week. In the report, IMF predicted that Ethiopia’s economy will grow at a rate of 3.8%…