FORTUNE+ VIDEO SPONSORED CONTENTS ADVERTORIALS FORTUNE AUDIO Fortune Careers TRADE AFRICA Election 2026 New TIME REMAINING UNTIL ETHIOPIA’S NATIONAL ELECTION 0Days 0Hours 0Minutes 0Seconds




Corporation Introduces Flat Rate Train Tariff

Aug 17 , 2019


[ssba-buttons]

Ethiopian Railway Corporation revised the train tariff for the Addis Abeba Light Rail Service to a flat rate of four Birr for all trips. Becoming effective on August 18, 2019, the new tariff amendment aims at creating a secure control system to modernise the ticket system and to minimise the cost to publish tickets. For the past three years since the light railway became operational, the Corporation was charging two, four or six Birr depending on the distance of the trips. The decision comes after the Corporation conducted research and held discussions with the Addis Abeba Transport Bureau to implement consistent pricing. Addis Abeba Light Rail Transit, which gives service for 120,000 people a day, earned three million dollars during the first nine months of the past fiscal year by transporting 29 million passengers.


Radar

Addis Ababa Enterprises Tap 3.8b Br in Loans

More than 16,000 enterprises benefited from market linkages worth over 20 billion Br generated by Addis Abeba's Enterprise & Technology Development sector during the 2026-2027 fiscal year. Financing support reached nearly 8,000 enterprises, which accessed more than 3.8 billion Br in loans. Enterprises also generated six billion Birr in savings. More than 14,000 enterprises received industrial extension and technology support. The sector replicated and transferred 241 of the 295 problem...


Radar

Zambia Airways Taps Aman Wole for Growth Drive

Zambia Airways has appointed Aman Wole Gurmu as Chief Executive Officer (CEO), bringing in an Ethiopian Airlines executive with more than 19 years of experience in airline leadership, commercial strategy, sales, market development and strategic partnerships. Aman held several senior positions at Ethiopian Airlines, including Regional Director for Mainland China and Mongolia, Regional Director for France and the Maghreb, Area Manager for Zambia and Director of Sales in Addis Abeba. The Zamb...


Radar

Grade 11 Takes On 11 Vocational Programs

Grade 11 students will begin work- and practice-based vocational training in the 2026/27 academic year under a new initiative covering 11 fields. The programmes span building electrical installation, plumbing, metal technology, automotive technology, garment technology, hotel services, hair and beauty services, food preparation, software development, crop production and healthcare services. They are designed to provide practical skills and knowledge relevant to employment and career opportuni...