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Ethiopian Airlines Signs $7.8B Deal for New Airport in Ethiopia

2025-03-26 by EthioStockMarket.com Reporter

Ethiopian Airlines signs a $7.8B deal to build Abusera International Airport in Ethiopia, reinforcing the country’s aviation hub status.

Categories News Tags Ethiopian Airlines Leave a comment

Foreign Flower Firms Flee Ethiopia Amid Military Conflict In Amhara Region

2025-03-26 by EthioStockMarket.com Reporter

International flower companies are fleeing Ethiopia because of a worsening conflict in the northwestern Amhara region, a key flower-growing hub, dealing a blow to one of the country’s major exports.

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Ethiopian Airlines, AfDB seek to partner on new $7.8bn airport

2025-03-25 by EthioStockMarket.com Reporter

The new Abusera International Airport, estimated to cost $7.8 billion, is expected to …

Categories News Tags Ethiopian Airlines Leave a comment

AfDB Group, Council of the Entente Synergise to Boost Regional Growth in West Africa

2025-03-25 by EthioStockMarket.com Reporter

A new chapter of regional collaboration is taking shape in West Africa as the African Development Bank and the Council of the Entente explore closer ties to accelerate integration and sustainable …

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African Development Bank signs Letter of Intent to finance major Ethiopian airport project

2025-03-25 by EthioStockMarket.com Reporter

The African Development Bank (AfDB) has announced that it has signed a Letter of Intent (LoI) with the Ethiopian Airlines Group for the financing of the new $7.8-billion Abusera International Airport …

Categories News Tags Ethiopian Airlines Leave a comment

Ethiopia issues first investment banking licenses

2025-03-25 by EthioStockMarket.com Reporter

Ethiopia said on Friday it had issued its first investment banking licenses to two local companies, the latest effort by the government of Prime Minister Abiy Ahmed to open up the economy of more than …

Categories News Tags Prime Minister Abiy Ahmed Leave a comment

The demise of USAID: time to rethink foreign aid?

2025-03-25 by EthioStockMarket.com Reporter

The US Agency for International Development (USAID) is no more. Marco Rubio, the US Secretary of State, has announced that 83% of programmes funded by USAID are to be ended, with the remainder to be …

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Ethiopia: Flag Carrier, AfDB Partner On New Bishoftu Int’l Airport Project

2025-03-25 by EthioStockMarket.com Reporter

Ethiopian Airlines Group, a rapidly growing global airline, has partnered with the African Development Bank (AfDB) to develop the new Bishoftu International Airport, a major infrastructure project for …

Categories News Tags Ethiopian Airlines Leave a comment

Ethiopia pushes forward with a US$7 billion airport

2025-03-25 by EthioStockMarket.com Reporter

Ethiopia is making a bold statement in global aviation with its US$7 billion airport project, reinforcing its position as Africa’s premier aviation hub. As Ethiopian Airlines expands its fleet, routes …

Categories News Tags Ethiopian Airlines Leave a comment

African Development Bank signs Letter of Intent to finance major Ethiopian airport project

2025-03-25 by EthioStockMarket.com Reporter

The African Development Bank (AfDB) has announced that it has signed a Letter of Intent (LoI) with the Ethiopian Airlines Group for the financing of the new $7.8-billion Abusera International Airport …

Categories News Tags Ethiopian Airlines Leave a comment

African Development Bank signs Letter of Intent to finance major Ethiopian airport project

2025-03-25 by EthioStockMarket.com Reporter

The African Development Bank (AfDB) has announced that it has signed a Letter of Intent (LoI) with the Ethiopian Airlines Group for the financing of the new $7.8-billion Abusera International Airport …

Categories News Tags Ethiopian Airlines Leave a comment

Ethiopian Airlines, AfDB seek to partner on new $7.8bn airport

2025-03-25 by EthioStockMarket.com Reporter

The new Abusera International Airport, estimated to cost $7.8 billion, is expected to reduce congestion at Bole.

Categories News Tags Ethiopian Airlines Leave a comment

Ethiopian Airlines, AfDB seek to partner on new $7.8bn airport

2025-03-25 by EthioStockMarket.com Reporter

The new Abusera International Airport, estimated to cost $7.8 billion, is expected to reduce congestion at Bole.

Categories News Tags Ethiopian Airlines Leave a comment

From Regional to Global – Ethiopia’s Bold Trade Agenda Amid Economic Shifts [opinion]

2025-03-25 by EthioStockMarket.com Reporter

By securing support from global financial institutions such as the World Bank and the European Investment Fund, Ethiopia is laying the groundwork for a more stable and competitive trade environment, …

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AfDB intends to finance Ethiopia’s new airport construction

2025-03-25 by EthioStockMarket.com Reporter

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 …

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Ethiopian Airlines Group and African Development Bank sign Letter of Intent for financing of world-class Abusera International Airport

2025-03-25 by EthioStockMarket.com Reporter

Ethiopian Airlines Group and African Development Bank sign Letter of Intent for financing of world-class Abusera International Airport …

Categories News Tags Ethiopian Airlines Leave a comment

Ethiopian Airlines Signs $7.8B Deal for New Airport in Ethiopia

2025-03-25 by EthioStockMarket.com Reporter

Ethiopian Airlines signs a $7.8B deal to build Abusera International Airport in Ethiopia, reinforcing the country’s aviation hub status.

Categories News Tags Ethiopian Airlines Leave a comment

National Bank of Canada’s bad loan reserves builds, shares fall

2025-03-25 by EthioStockMarket.com Reporter

(Reuters) -National Bank of Canada on Wednesday set aside larger than expected reserves for bad loans, signaling challenges ahead even as strong income from dealmaking helped deliver a profit beat.

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Ethiopian Airlines Sets To Launch New Passenger Service To Hanoi, Vietnam

2025-03-25 by EthioStockMarket.com Reporter

Ethiopian Airlines, has unveiled plans to commence a new four times weekly passenger service to Hanoi, Vietnam, effective July 10, 2025. A statement by the media consultant to the airline in Nigeria, …

Categories News Tags Ethiopian Airlines Leave a comment
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