African Energy Chamber, Russia’s Gazprom host gas roundtable – New Business Ethiopia
The African Energy Chamber (AEC) and Russia’s Gazprom are joining forces to host the prestigious International Gas Roundtable, an exclusive event dedicated to highlighting the pivotal role of gas in fostering economic development. Playing a pivotal role in ensuring energy security and supporting the energy transition, gas serves as an important component within Africa’s energy landscape. The collaboration between the African Energy Chamber and Gazprom signifies a significant milestone for the gas industry in Africa. Gazprom, a renowned global energy company, brings a wealth of expertise in various facets of the energy sector, including exploration, production, transportation, storage, processing, and sale of gas, gas condensate and oil. This collaboration not only showcases the AEC’s commitment to fostering partnerships with industry leaders but also highlights its dedication to driving sustainable development and growth in the African gas industry.
Source:News Business Ethiopia
June 20, 2023 19:04 UTC
Ethiopian Airlines celebrates the 25th anniversary of US services – New Business Ethiopia
Ethiopian Airlines Group celebrates the 25th Anniversary of the start of its services to the United States (US). Ethiopian connected Africa with the US in June 1998 with its cross-Atlantic flights to WashingtonD.C., the capital city and federal district of the United States. Ethiopian and the US aviation industry share relationship that dates back to the 1940s when the airline was founded in December 1945, in partnership with Trans World Airlines (TWA). In the years since then, Ethiopian has been a proud partner to American aviation firms includingBoeing and GE Aerospace. Sending his congratulatory message on the Anniversary, Mr. Mesfin Tasew, Ethiopian Airlines Group CEO said, “We are pleased to mark this milestone and celebrate the 25th Anniversary of our successful services to the US.
Source:News Business Ethiopia
June 20, 2023 18:46 UTC
Ethiopia and South Sudan Sign New Air Transportation Agreement
Ethiopia and South Sudan have signed a new agreement for air transportation services that will replace the temporary permission that was previously granted. The agreement was signed by the Director General of the Ethiopian Civil Aviation Authority and his counterpart from the Government of South Sudan. The new agreement will provide a legal framework for the temporary permission flights and will adhere to the standards and principles set by the International Civil Aviation Organization. Additionally, the civil aviation authorities of both countries have agreed to collaborate on various issues, including search and rescue efforts, and are expected to sign a memorandum of understanding to formalize their cooperation. Ethiopian Airlines currently has two regular flights a day to Juba, the capital of South Sudan.
Source:Ethiopian News
June 20, 2023 18:41 UTC
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Paris air show: India centre stage as another big jet deal lands
But it was surpassed on day one of the Paris show by Indian rival IndiGo's (INGL.NS) order for 500 Airbus narrowbody jets. Air India said it was worth $70 billion at list prices, though airlines typically get discounts on big orders worth at least half the headline price, analysts say. The Airbus part comprises 210 A320neo and A321neo narrowbody jets and 40 A350 widebodies. "Our ambitious fleet renewal and expansion programme will see Air India operate the most advanced and fuel-efficient aircraft across our route network within five years," Air India Chief Executive Campbell Wilson said in a statement. The mega-order will also put Air India on a stronger footing to compete with budget rival IndiGo, which has a majority share of the Indian market and a strong position in regional flights.
Source:Ethiopian News
June 20, 2023 18:26 UTC
News: IATA urges Ethiopian gov’t to swiftly release $95 million blocked airline funds to avert airline connectivity threats
IATA Director General Willie Walsh Speaking at the ongoing IATA Focus Africa conference in Addis Abeba. Photo: IATAAddis Abeba – The International Air Transport Association (IATA) has called on the government of Ethiopia to swiftly clear $95 million airline funds blocked from repatriation to ensure the country’s connectivity is not threatened. We will be transporting 13.7 million passengers which is also a 55% increase from same period last year,” he added. Ethiopian Airlines, the country’s single largest source of foreign currency did not explain the reason behind the change. “Ethiopia’s aviation industry is set to triple by 2040, with an average 6% growth in passenger traffic over the next 17 years.
Source:Ethiopian News
June 20, 2023 17:58 UTC
TotalEnergies AFCON 2023: Guinea qualify as draw ends Ethiopia, Malawi hopes
Guinea secured their place at the TotalEnergies CAF Africa Cup of Nations Cote d'Ivoire 2023 on Tuesday thanks to the 0-0 draw between Ethiopia and Malawi. In a crucial Group D qualifier, Ethiopia and Malawi battled to a goalless draw at the Maputo Stadium in Mozambique, ending the hopes of both sides in their quest to qualify for the competition. With just one match remaining, this stalemate effectively ended any hopes of qualification for both Ethiopia and Malawi, guaranteeing Guinea the second-place finish in the group. The draw ensured their qualification as the fifteenth team to secure a spot in the final phase of the 2023 TotalEnergies CAF African Cup of Nations. As the final round of qualifiers approaches, Malawi and Ethiopia will now shift their focus to finishing the campaign on a positive note.
Source:Ethiopian News
June 20, 2023 17:49 UTC
Boeing, GE optimistic for return to normalcy with China
Secretary of State Antony Blinken met with Xi this week, leading to optimism by Boeing and GE Aerospace that relations between the US and China may be thawing. Boeing’s status with ChinaBoeing’s status with China has been on hold since the trade war began in 2017. Only a few of these were delivered to lessors for operation by airlines outside China. GE provides an engine for the C919The CFM LEAP-1C engine (GE is a 50% partner in CFM) is on the C919. As with Boeing, GE’s progress in China has been hindered by trade and geopolitical issues.
Source:Ethiopian News
June 20, 2023 16:29 UTC
Boeing Settles Case in Ethiopian Air 737 Max Litigation (1)
Boeing Co. halted a trial set to begin Tuesday by settling another case with the families of those killed in a 2019 Ethiopian Airlines jet crash, a Boeing lawyer said Tuesday. A Boeing 737 Max operated by Ethiopian Airlines crashed shortly after takeoff March 10, 2019, killing all aboard. Boeing manufactured and delivered the aircraft to Ethiopian Airlines in November 2018, the original complaint said. The Ethiopia crash came just months after another 737 Max jet crashed in Indonesia, killing all 189 aboard a Lion Air flight. The case is In re: Ethiopian Airlines Flight ET 302 Crash, N.D. Ill., No.
Source:Ethiopian News
June 20, 2023 15:27 UTC
Sabre Appointed by UAE's dnata Travel Group
Sabre Corp, a software & tech provider for the global travel industry, seals multi-year deal with dnata Travel Group as its preferred tech partner to achieve strategic goals. Sabre and the dnata Travel Group already share a long-term commitment to innovation through travel technology, and the new deal will represent an extended, broader relationship between the two companies in the Middle East. “With evolving customer expectations and complex market dynamics, Sabre has been our partner of choice for over 12 years,” said Simon Woodford, VP Global Air Services, dnata Travel Group. This partnership will lead to accelerated innovation, operational simplification and enhanced digital user experience.”For many years, Sabre has provided a broad portfolio of technology and solutions to dnata Travel Group brands in the Middle East as well as key markets in Europe. “We are excited to continue our successful collaboration with the dnata Travel Group,” said Andy Finkelstein, senior vice president – Global Agency Sales & Delivery, Sabre Travel Solutions.
Source:Ethiopian News
June 20, 2023 13:59 UTC
Focus Africa 2023 aviation conference kicks off in Ethiopia
The regional event was organized by the International Air Transport Association (IATA), and is taking place at the Skylight Hotel in Addis Ababa, Ethiopia. Major aviation stakeholders from Africa, the Middle East and the rest of the world have been brought together to drive the advancement of the sector in collaboration. Topics such as aeronautical information management, intra-African connectivity, airport infrastructure, biometrics and security, modern airline retail, sustainability and skilled labor will be covered over two days. Tasew stressed in his speech that unleashing the full potential of African aviation brings immense socio-economic benefits, but warned that they and the unique operation of the industry continue to be misunderstood by most African lawmakers and authorities. He urged changing those approaches to unlock the continent’s aviation potential.
Source:Ethiopian News
June 20, 2023 13:07 UTC
Dangote, Ethiopian Airlines, First Bank bag Afreximbank Pan-African Business and Development Awards
The Pan-African Business and Development Awards were designed to celebrate and recognise the excellence of outstanding organisations and individuals within the African business and finance sectors. The evening recognised some leaders in African business, and Aliko Dangote (GCON) won the Afreximbank Founder of the Year in recognition of his extraordinary achievements building one of Africa’s leading industrial groups with a truly pan-African footprint. Two other greats of industry, the Zimbabwean Strive Masiyiwa and the Togolese Koffi Gervais Djondo were also recognised for their outstanding contributions to African business and industry. MTN was recognised for transforming the Africa telecoms sector and ElSewedy for its role in the Africa infrastructure sector. Business Council for Africa:The Business Council for Africa is a prominent organisation dedicated to fostering economic growth, trade, and investment in Africa, with a focus on promoting business excellence and collaboration.
Source:Ethiopian News
June 20, 2023 12:54 UTC
Potentials and opportunities of Ethiopian horticulture sector
These include (a) temperate zones (above 2400 m asl) with average daytime temperatures of 0 to 16oC; (b) sub-tropical zones (1500 m asl to 2400 m asl) with temperatures between 16 and 20oC; and (c) tropical/arid zones (below 1500 m asl) with temperatures of 27 oC or higher. Horticulture exports in EthiopiaHorticulture exports from Ethiopia are growing very rapidly and are considered to be an important element in the country's efforts to diversify exports and to contribute directly to poverty reduction. As one of the partners to the Ethiopian government, The Netherlands Government has committed itself to contribute to strengthening the enabling environment of the horticulture sector in Ethiopia through the support of the Ethiopian Horticulture Producers Exporters Association, increasing the food security and safety of Horticulture producing smallholder farmers and consumers and promote sustainable and inclusive production. Ethiopia's Horticulture Exports Generate Over 514 Million USD in Nine MonthsEthiopia exported more than 215,800 tons of horticulture products to the international market, generating over 514 million USD in the final nine months of the fiscal year 2023. The Ethiopian Ministry predicted that over the time period, exports of flowers will generate $428.6 million, vegetables $93.4 million, and fruits $27.7 million.
Source:Ethiopian News
June 20, 2023 12:14 UTC
On World Refugee Day, Sudan conflict seen as making global displacement crisis worse
This year World Refugee Day is being observed in the shadow of yet another grinding conflict and massive displacement crisis — this time in Sudan. Until recently, Sudan was home to the second-largest refugee population in Africa, with more than a million displaced people from South Sudan, Eritrea, Syria, Ethiopia, the Central African Republic, Chad and Yemen. (AFP)The crisis in Ukraine last year contributed significantly to the upward trajectory of the global displacement crisis. In February 2022, Russia’s invasion of Ukraine alone created the largest displacement crisis since the Second World War. By the end of 2022, 11.6 million Ukrainians had been displaced, including 5.9 million internally displaced persons and 5.7 million who had fled to neighboring countries and beyond.
Source:Ethiopian News
June 20, 2023 10:24 UTC
Desalination plants: technology that turns salt water into potable water
In a world where access to fresh water is becoming increasingly scarce, desalination or desalination plants have become an innovative solution to address this challenge. These plants use advanced technologies to convert salt water into potable water, providing an important source of water supply in arid and coastal regions. In this article, we’ll explore the lucrative operation of desalination plants and their importance in global water security. Before undergoing the desalination process, water must undergo pre-treatment to remove suspended solids, sediment and other contaminants. Through advanced desalination processes, these plants convert salt water into potable water, providing a reliable and safe source of water supply.
Source:Ethiopian News
June 20, 2023 10:13 UTC