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 Elevates Premium Charter Offerings with New Business Jet


Ethiopian Elevates Premium Charter Offerings with New Business Jet

The Ethiopian Airlines Group (EAG) has launched a new business jet for premium charter services, pledging to enhance luxury travel options. A partnership with Etihad Airways promises improved connectivity between Africa, the Middle East, and Asia. The Airline has introduced a Boeing 737-800 business jet, catering to VIP and small-group travel. The aircraft provides a luxurious cabin with customizable seating — 19 for commercial and 32 for private use — offering an elite travel experience. Passengers can enjoy a 42-inch entertainment system, Wi-Fi, and gourmet dining. The jet service targets Africa’s business leaders, diplomats, and investors with an extended range. “This addition takes our charter services to the next level," said Mesfin Tasew, CEO of Ethiopian Airlines, "offering luxury, privacy, and convenience.” Reaching over 160 destinations and pursuing its ‘Vision 2035’ strategy, Ethiopian Airlines remains one of the few major airlines in the African aviation industry. It has secured Skytrax’s ‘Best Airline in Africa’ award for seven consecutive years. Ethiopian Airlines and Etihad Airways have also established a joint business agreement pledging to improve travel options, partnering to introduce new flights between Addis Abeba and Abu Dhabi and a codeshare agreement. Etihad Airways will commence daily flights to Addis Abeba on October 1, 2025, while Ethiopian Airlines will begin flights to Abu Dhabi on July 15.

[ssba-buttons]

Radar

Customs Authorities Intercept Major Alleged Contraband Shipment Worth 422 Million Br

The Customs Commission seized alleged contraband goods worth more than 422 million Br during inspections conducted between June 25 and June 30, 2026. The haul included clothing, electronics, ammunition, construction materials, coffee, vehicle spare parts, cosmetics, khat, narcotics, minerals, livestock and foreign currency. The Addis Abeba Airport, Moyale and Awash customs branches recorded the largest seizures, valued at 115 million Br, 93 million Br and 61 million Br, respectively. Authorit...


Radar

Hijira Bank Posts Record Growth as Assets Reach 31.45 Billion Br

Hijira Bank posted 3.55 billion Br in income in 2025/26, exceeding its combined earnings over the previous four years, while gross profit reached 1.9 billion Br. Assets rose 115pc to 31.45 billion Br, deposits doubled to 24 billion Br, and capital increased 202pc to 7.45 billion Br. Digital transaction value surged 86pc to 41.72 billion Br, foreign currency earnings reached 158 million dollars, and total banking transactions hit 615.39 billion Br. The bank also disbursed 1.5 billion Br in col...


Radar

Gadaa Bank Offers One Million Shares to Public Investors

Gadaa Bank has offered one million shares to the public at 1,050 Br per share following approval from the Ethiopian Securities Exchange (ESX) on June 22, 2026. The share sale keeks to expand the bank's capital base and strengthen shareholder value. The offering will run until September 17, 2026, and is open to existing shareholders and new investors who meet ESX requirements. It is open to existing shareholders and new investors who meet ESX requirements...