Ethiopian Signs Agreement with Ghana

May 18 , 2019


Ethiopian Airlines has signed an agreement with Ghana’s government to begin giving local and international flight services from Accra. Tewelde Gebremariam, the Airline’s CEO, signed a strategic partnership agreement with Joseph Kofi Adda, aviation minister of Ghana. The Ghanaian government along with private investors will own 51pc of the newly formed airline, while Ethiopian will own the rest. Ghana Airways, in which the government had a 60pc stake, collapsed in 2004 and gave way to Ghana International Airways, 70pc of which was owned by the government. But that too ceased operating in March 2010. Ever since then, Ghana has not had a national carrier. This partnership for Ethiopian with another African country’s government will be the fourth one. In the past it had entered into partnerships with the governments of Malawi, Zambia and Guinea to restart existing carriers or start up new ones.


Radar

City Approves Supplementary Budget for Capital Projects

Mayor Adanech Abiebe updated the City Council on the corridor development project during a meeting. While progress has been made, there are outstanding issues for some residents. An estimated 20pc of the 5,135 households impacted by construction have not yet received compensation or replacement housing. The Council approved a supplementary budget of 21 billion Br for the current fiscal year, which ends in two months. Over 90pc of these funds are earmarked for finalising capital projects, with...


Radar

Oromia Insurance Makes Historic Payout to Farmers

Oromia Insurance S.C. facilitated a 39 million Br payout in claims to Amhara Regional State farmers who suffered crop losses due to pest and drought. The initiative involved key stakeholders including the World Food Program (WFP), the Agricultural Transformation Institute (ATI), Pula Advisors, Agriculture and Finance ministries, and German development organisations. Spearheaded by Pula Advisors, the program has reached over 122,000 smallholder farmers, providing insurance against climate risk...


Radar

Ethio telecom Rolls Out Nationwide Digital ID Registration

Ethio telecom has launched a nationwide digital national ID registration program across 19 locations in Addis Abeba and 29 towns nationwide. With plans to register up to one million citizens a month, targeting to reach 32 million people within the next three years. The target represents 36pc of the total national goal of registering 90 million citizens. This program leverages the telco's extensive ICT infrastructure and network services in partnership with the national ID program office, led...


Back
WhatsApp
Telegram
Email