Airport’s CEO Leaves for Meqelle

Tewodros Dawit, CEO of Ethiopian Airports.


Airport’s CEO Leaves for Meqelle

Tewodros Dawit, CEO of Ethiopian Airports, has been appointed deputy mayor of Meqelle. Tewodros served at the Ethiopian Airports for 15 years, six of which as CEO after replacing Shiferaw Alemu. He will be working alongside Araya Girmay, the city’s mayor, who was the director general of the Ethiopian Roads Authority between 2015 and 2018. Tewodros delegated Getaneh Adera, director of Bole International Airport, in his position while he was on leave. The expansion project of the Addis Abeba Bole International Airport passenger terminal, which cost 345 million dollars, was one of the biggest undertakings of the organization during Tewodros’s tenure. Ethiopian Airports Enterprise joined Ethiopian Airlines Aviation Group in 2017. Ethiopian Airports administers 23 airports, four of which are international. It is the government office in charge of construction and administration of airports in Ethiopia.


Radar

Regional Development Banks Tie-up for Private Sector Growth

Arab Bank for Economic Development in Africa (BADEA) and Trade Development Bank Group (TDB) signed a 100-million-dollar disbursement for a hybrid capital instrument last week on the sidelines of the African Union summit. Admassu Tadesse, president and managing director of TDB Group, and Sidi Ould Tah (PhD), president of BADEA were the signatories at the event attended by Central Bank Governor Mamo Mihretu, CEO of the Ethiopian Securities Exchange Tilahun Kassahun (PhD), and Deputy Chairperson of...


Radar

National Bank Reports Five-Year Low Inflation, Record-High Exports

The National Bank of Ethiopia (NBE), in its six-month snapshot on monetary and external sector developments, reports that inflation has dropped to 15.5pc, the lowest in five years and a 13.9pc decline from last year's 29.4pc rate. Headline inflation stood at 34.5pc during the same period in 2022. The report also shows a sharp decline in food inflation, which fell by 16.6pc, from 32.3pc in January 2024 to 15.7pc in January 2025. Non-food inflation dropped by 10.2pc, from 25.3pc last year to 1...


Radar

Horn Initiative Boosts Regional Development Agenda

A total of 20 projects worth three billion dollars are currently being implemented in Ethiopia under the Horn of Africa Initiative, which held a performance review platform last week. This initiative, established in 2019, seeks to economically integrate Horn of Africa countries through development projects. Finance Minister Ahmed Shide accentuated the initiative's goals of enhancing infrastructure connectivity, strengthening trade and economic integration, building resilience to natural and man...