Trial to decide compensation for family of Ethiopia Airlines 737 Max crash victims to begin next week
The trial will decide how much Boeing owes the families of two victims who died in the Ethiopian Airlines crash in 2019.
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The Mastercard Foundation and Kifiya Financial Technology Honour Over 100 Graduates of SAFEE Program, Specializing in AI and Data Science
Last week, over 100 AI engineers and data scientists graduated from the Sustainable Access to Finance to Enable Entrepreneurship (SAFEE) program, a partnership between Kifiya Financial Technology and …
Ethiopia: Airline to bring electric air taxi network to East Africa
The goal is to transform urban travel, replacing 60 to 90-minute commutes by car with estimated 10 to 20-minute electric air taxi flights …
AfDB intends to finance Ethiopia’s new airport construction
AfDB has been among the multilateral financiers of Ethiopia with a total loan of close to $2.2 billion. The total external loan of Ethiopia stood at close to $28.93 billion by the end of June 2023 …
Ethiopia Signs Two Financing Agreements with World Bank to Finance Education Transformation for Learning Operation
Ethiopia has signed a Financing Agreement amounting to 50 Million USD in the form of a Loan from International Development Association Country Performance Allocations and a Grant Agreement of 46.367 …
World Bank backs Africa digital data push with $100m Raxio deal
The World Bank’s private investment arm is backing the rush into digital data in Africa with a $100m investment in regional data centre developer and operator Raxio Group, funding centres from …
Sinclair Announces Upcoming Retirement of Lucy Rutishauser, Executive Vice President & Chief Financial Officer
Sinclair, Inc. (Nasdaq: SBGI), the "Company" or "Sinclair," announced today that Executive Vice President and Chief Financial Officer, Lucy Rutishauser, will retire after her successor is appointed …
Bank to provide $50 million to end school-age hunger in Africa
In September 2024, Children’s Investment Fund Foundation and the Bank signed a letter of intent in which the CIFF undertook to provide up to $50 million for the creation of the End School-Age Hunger …
Indonesia to join BRICS’ New Development Bank, president says
Indonesia will join New Development Bank, a multilateral bank developed by BRICS member nations, President Prabowo Subianto said on Tuesday. Joining NDB as a member would help …
First trial related to fatal Boeing 737 Max 8 crashes to begin next week
The trial will decide how much Boeing owes the families of two victims who died in the Ethiopian Airlines crash in 2019.
AM Best Affirms Credit Ratings of Lion Reinsurance Company Limited
AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of "a" (Excellent) of Lion Reinsurance Company Limited (Lion Re) (Bermuda). The outlook of …
Ethiopian Airlines launches new cargo route to Macao, China
ADDIS ABABA, April 3 (Xinhua) — Africa’s leading carrier Ethiopian Airlines has announced the launch of a new cargo route to Macao, China.
Ethiopia: CBE Disburses Over Birr 264 Billion in Loans
The Commercial Bank of Ethiopia (CBE) has disbursed over Birr 264 billion in loans over the past eight months, with the majority directed toward the private sector, according to its president, Abe …
Ethiopian begins China-Spain cargo route
Ethiopian Airlines has begun operating a cargo charter route from Macao International in China to Adolfo Suárez Madrid-Barajas Airport in Spain …
CHINA-MACAO-ETHIOPIAN AIRLINES-FREIGHTER-CHARTER ROUTE-LAUNCH
(250403) — MACAO, April 3, 2025 (Xinhua) — Ethiopian Airlines’ freighter B777F (Flight ET3483) is greeted with a water salute when departing from Macao International Airport in Macao, south China, …
Ethiopia’s Cycles of Collapse and Renewal
When you stumble, do not let yourself fall. If you fall, do not break apart. And if you do, gather the pieces and rise again. Life is an unrelenting …
World Bank backs Africa digital data push with $100 million Raxio deal
The World Bank’s private investment arm is backing the rush into digital data in Africa with a $100 million investment in regional data centre developer and operator Raxio Group, funding centres from …
AFDB announces important partnership as it set to build Africa’s biggest airport
Ethiopian Airlines and the African Development Bank have signed a historic agreement to construct the largest airport on the continent. The $7.8 billion project will greatly expand Ethiopia’s aviation …
Indonesia to join Brics’ New Development Bank, says President Prabowo
Joining NDB as a member would help Indonesia accelerate its economic transformation, he said. Read more at straitstimes.com.