IMS Pondering Opening Office In Addis Ababa
Ministry of Finance of Ethiopia (MoF) and Integrated Management Services (IMS) today discussed ways of forging strong partnerships on infrastructure. Ms. Semereta Sewasew, Minister of State for Finance, received John D. Calhoun, Ph.D. Chief Executive Officer of Integrated Management Services (IMS) and his team, at her office. The State Minister briefed the delegates about the …
Boeing Appoints Henok Teferra Shawl Of Ethiopia As Managing Director For Africa
Aerospace company Boeing has appointed Henok Teferra Shawl as Managing Director for Boeing Africa to strengthen the company’s operations and relationships across the African continent, Times Aerospace reported. Based in Addis Ababa, Ethiopia, Henok Teferra Shawl reports to Kuljit Ghata-Aura, president of Boeing Middle East, Türkiye, Africa, and Central Asia (METACA), according to the report. …
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Airlines Set To Earn 2.7% Net Profit Margin On Record Revenues In 2024: IATA
The International Air Transport Association (IATA) announced strengthened profitability projections for airlines in 2023, which will then largely stabilize in 2024. IATA’s outlook mentioned that net profitability at the global level is expected to be well below the cost of capital in both years. Very significant regional variations in financial performance remain. Airline industry net …
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Africans Urged To Tap Their Immense Trade, and Investment Potential By Addressing Challenges
There is immense potential for trade and investment in Africa while addressing the challenges and opportunities that lay ahead, Chairman and CEO of Investment Center of Africa (ICOA) Abdinasir Turkey said. The 2nd Africa Trade and Investment Summit held today in Addis Ababa, aims to showcase success stories and best practices from entrepreneurs and investors …
2nd Africa Trade, Investment Summit Underway in Addis Ababa
The second African Trade and Investment Summit kicked off today in Addis Ababa to showcase success stories and best practices from entrepreneurs and investors who are making a positive impact in the continent. The has brought together more than 300 participants, including government officials, investors, policymakers, entrepreneurs, and diplomatic corps from Africa and around the …
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Ethiopian Airlines To Introduce A New Freighter Route To Casablanca, Morocco
Ethiopian Airlines announced preparation to introduce a new freighter route to Casablanca, Morocco, the first of its kind in the Maghreb region. Climbing the Atlas range, this addition brings Ethiopian Airlines’ total African freighter destinations to 34, delivering reliable and efficient services. In its seventy-seven years of successful operations, Ethiopian, the fastest-growing airline, has become …
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