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, Collins Team Up for Maintenance Service

Jun 22 , 2019


[ssba-buttons]

Ethiopian Airlines and Collins Aerospace signed a partnership agreement covering maintenance of the US manufacturer’s air management systems, heat exchangers and fuel metering units on De Havilland Canada Q400 turboprops. Group CEO of Ethiopian Airlines Tewolde Gebremariam signed the 25-year deal valued at 500 million dollars at the Paris air show. Ethiopian will establish third-party component maintenance capabilities under an aftermarket support agreement with Collins Aerospace. Ethiopian’s technical division will repair the components for its Q400 fleet and support the equipment for other African operators on Collins Aerospace’s behalf, said the manufacturer’s aftermarket services president, Ajay Agrawal, in an interview with Flightglobal. Cerium’s Fleets Analyzer shows that Ethiopian has 18 Q400s in service and has orders for another 10.


Radar

Tariff Reform Powers EEP Revenue to 119 Billion Br

Ethiopian Electric Power (EEP) collected 119 billion Br in revenue during the 2025-2026 fiscal year, up 57.8pc from the previous year, while recording a gross profit of 39.5 billion Br. The performance comes as EEP faces public scrutiny over a multi-year electricity tariff reform. EEP achieved 92pc of its 129.8 billion Br revenue target. It attributed the performance to improved revenue collection systems and better coordination, following a period in which the utility operated at a significa...


Radar

ESX Names Yodit Kassa CEO in Leadership Handover

The Ethiopian Securities Exchange (ESX) said on August 7, 2026, that its founding Chief Executive Officer, Tilahun Esmael (PhD), had been replaced by the Chief Operating Officer, Yodit Kassa. ESX credited Tilahun with steering the Exchange from its early project phase into a fully operational securities market. He established its governance, technological and operational foundations while building relationships with regulators, investors and other stakeholders. Yodit and Tilahun have been...


Radar

Enat Bank Enlists Partners to Develop Gender Bond

Enat Bank has entered a four-party partnership to develop what the partners describe as Ethiopia's first private-sector gender bond. The bank signed a memorandum of understanding with FSD Ethiopia, I-Capital Africa Institute and FSD Africa to structure and launch the bond. The partners will collaborate throughout the pre-issuance and post-issuance phases. Their work will cover transaction structuring, framework development, regulatory compliance, investor engagement and post-issuance manageme...