Ethiopian to Reintroduce Boeing 737 MAX

Jan 1 , 2022


[ssba-buttons]

The executives of Ethiopian Airlines have announced plans to reinstate Boeing 737 MAX aircraft in the national carrier's fleet for the first time since the crash in March 2019 that took the lives of 149 passengers and eight crew members. The crash occurred less than six months after the crash of a 737 MAX aircraft belonging to the Indonesian Lion Air, which resulted in 189 casualties. Boeing reached an agreement with the families of the victims of the Ethiopian crash last month, pledging 237 million dollars in settlement. The manufacturer accepted liability for their deaths, according to court documents in Chicago. In return, the families of the victims will not seek punitive damages from the company. Ethiopian has scheduled the first 737 MAX flight for early February 2022.


Radar

Milkii App Disburses 25 Million Br in Collateral-Free Loans in Two Months

Oromia Bank's new collateral-free digital lending app, Milkii, has disbursed 25 million Br in loans without requiring collateral. Of this, 16 million Br has already been repaid, generating 1.4 million Br in revenue within just two months. Developed in partnership with Quantum Technology PLC, the app plans to make lending more accessible and inclusive, aligning with Oromia Bank's contribution to the Digital Ethiopia initiative. According to a press release, Milkii promotes financial inclusi...


Radar

Ethiopia Partners with UK to Ease Shipping Bottlenecks

The Ethiopian Freight Forwarders & Shipping Agents Association (EFFSAA) and the British International Freight Association (BIFA) signed a memorandum of understanding (MoU) on May 27, 2025, at Hyatt Regency Addis Abeba, to address skills gaps, customs delays, and corridor inefficiencies in the freight and logistics sector. The partnership focuses on technical cooperation, training, and regulatory reform. With over 90pc of trade dependent on the Djibouti corridor, rising congestion, customs...


Radar

Education Authority Sanctions Mishqen College for Rule Violations

The Education & Training Authority has issued a decisive directive last week, mandating legal action against Mishqen College for persistently defying regulatory orders and unlawfully continuing to offer higher education services. Mishqen College had previously been licensed to conduct undergraduate distance learning programs across multiple regions from 2019 to 2022. However, after serious regulatory breaches, the institution was ordered to cease all instruction, complete pending academic...