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



Ethiopian Airlines Foresees $50m eCommerce Hub


Ethiopian Airlines Foresees $50m eCommerce Hub

An eCommerce hub, fully dedicated to e-commerce logistics operations, is underway with a cost of 50 million dollars. The Ethiopian Airlines Group's Cargo & Logistics Services division foresees the construction hub to be erected on a 15,000sqm of land adjacent to the existing facility at Bole International Airport. The project was developed in response to growing demand but was constrained by many problems, from inadequate e-payment systems to security risks and technology adaptation. The Airline partnered with logistics companies, delivery service providers, market platform owners, and regulatory agencies to overcome these limitations. When completed, the facility will handle 150,000tns of packages in a year with a sorting capacity of over a million packages a day. Under Abel Alemu, the Ethiopian Cargo & Logistics Service is one of the seven business units within the airline group. It operates to 66 international destinations in Africa, Europe , Asia and the US deploying 13 aircraft. Managers representing eCommerce service providers such as Purpose Black attended the event held at the Skylight Hotel last week. Abel said that the eCommerce logistics service is hoped to align with the national move towards the digital economy. He stated that the engagements with global eCommerce companies reduce storage and simplify the electronic payment process, attracting airlines, integrators, and airports to increase market share and expand the business, especially in the African market.

[ssba-buttons]

Radar

Parliament Receives $237m Development Loan Package

The Council of Ministers forwarded two concessional loan agreements totalling 237.3 million dollars to Parliament for ratification, targeting rural infrastructure and food security. The package includes 46.3 million dollars from the African Development Bank (AfDB) for climate-resilient infrastructure in pastoralist regions. A second credit facility of 191 million dollars (146.1 million SDR) from the International Development Association (IDA) is earmarked for the sixth phase of the Productive Sa...


Radar

MoTRI to Overhaul Consumer Protection Rules Following Cabinet Approval of Trade Policy

The Council of Ministers, led by Prime Minister Abiy Ahmed (PhD), approved Ethiopia's first unified trade policy last week, ending a three-year deliberation period to fill a decades-long regulatory vacuum,. This institutional milestone mandates the Ministry of Trade & Regional Integration (MoTRI) to overhaul consumer protection frameworks, specifically requiring a rigorous revision of the Trade Competition and Consumer Protection Proclamation to eliminate market distortions and the prolifera...


Radar

Regional Power Exports Yield $366m as Capacity Hits 9.6GW

Ethiopian Electric Power (EEP) generated 365.99 million dollars from regional exports in the first nine months of the fiscal year as national capacity reached 9,579MW. The revenue followed the sale of 24,940GWh, representing 91pc of gross generation. Hydropower remains dominant, providing 9,500MW. To diversify assets and mitigate climate risks, the utility integrated the 100MW Asela Wind Power Project. The transmission network has expanded to 148,600km to secure domestic industrial supply and...