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Ethiopian reports $550m loss due to COVID-19
Addis Ababa, April 8, 2020 (FBC) – Ethiopian Airlines (Ethiopia) said it has lost $550 million in revenue following the coronavirus (COVID-19) outbreak.
Ethiopian Group CEO, Tewolde…
Ethiopia earns $1.8b from exports
Addis Ababa, April 6, 2020 (FBC) –Exports over the past eight months have generated $1.8 billion, said the Ministry of Trade and Industry.
According to the Ministry, the country achieved…
NBE issues new directive to license, authorize payment instrument issuers
Addis Ababa, April 2, 2020 (FBC) –The National Bank of Ethiopia (NBE) has issued a new directive that is important to promote the safety and efficiency of the payment system.
The…
Kingdom Linen completes first phase project at Adama Industrial Park
Addis Ababa, April 1, 22020 (FBC) - Kingdom Linen PLC, one of Chinese firms operating in Ethiopia, has completed first phase of its investment project at Adama Industrial Park.
Building…
Ethiopian suspends flights to 80 international destinations
Addis Ababa, March 30, 2020 (FBC) - Ethiopian Airlines (Ethiopian) announced that it has suspended flights to more than 80 international destinations as of 29 March, 2020, due to the…
Ethiopian delivers emergency medical supplies to 39 African nations in 5 days
Addis Ababa, March 28, 2020 (FBC) - Ethiopian Airlines (Ethiopian0, the Pan-African carrier, has delivered medical supplies donated by Jack Ma, the founder of China’s e-commerce giant…
Ethiopian temporarily closes ticket offices in Ethiopia
Addis Ababa, March 27, 2020 (FBC) - As part of COVID-19 containment strategy, Ethiopian Airlines (Ethiopian) will temporarily close all its ticket offices in Ethiopia effective 30 March…
Ethiopia starts mandatory 14-day quarantine for passengers
Addis Ababa, March 23, 2020 (FBC) –As part of efforts to fight the spread of coronavirus, Ethiopia has instituted a mandatory quarantine of all passengers entering Ethiopia starting from…
First AfCFTA SG says trade area will significantly boost continent
Addis Ababa, March 19, 2020 (FBC) - The African Continental Free Trade Area (AfCFTA) will enable the continent to significantly boost intra-Africa trade and help establish an integrated…
Ethiopian takes extra steps to ensure customers’ health, comfort
Addis Ababa, March 17, 2020 (FBC) –In response to the latest developments in the COVID-19 outbreak, Ethiopian Airlines (Ethiopian) is taking extra steps to ensure its customers’ health and…