AddisZefen - Ethiopian Video

Business & Money

  • Ethiopian Airlines Sweeps Awards at Africa Travel Awards

    Africa’s leading Airline Ethiopian Airlines shone like bright stars at the Prestigious Africa Travel Awards Dinner at Akwaaba African Travel Market held recently in Lagos.

    Ethiopian Airlines took home four of the 6 Airline Awards on offer at the dinner attended by the leading lights in Africa Travel and Tourism landscape.

    The Deputy Minister of Tourism and Hospitality from Zimbabwe Honourable Anastasia Ndlovu was the special Guest of Honour. Senators and High Government officials from Nigeria and Travel Professionals from 16 Countries were in attendance at the dinner graced by the beautiful Carnival Calabar dancers.

    Ethiopian Airlines won Best Airline in Africa, The Best Economy Class in Africa, The Best Business Class in Africa and the Best in-flight entertainment in Africa.
    The Awards were received by The General Manager Nigeria Mr. Solomon Begashaw who led other ET managers to receive the Awards.

    Ethiopian Airlines (Ethiopian) is the fastest growing Airline in Africa. In its seven decades of operation, Ethiopian has become one of the continent’s leading carriers, unrivalled in efficiency and operational success.

    Ethiopian commands the lion’s share of the pan-African passenger and cargo network operating the youngest and most modern fleet to 95 international destinations across five continents.

    Ethiopian fleet includes ultra-modern and environmentally friendly aircraft such as Airbus A350, Boeing 787, Boeing 777-300ER, Boeing 777-200LR, Boeing 777-200 Freighter, Bombardier Q-400 double cabin with an average fleet age of five years. In fact, Ethiopian is the first airline in Africa to own and operate these aircraft.

    Ethiopian is currently implementing a 15-year strategic plan called Vision 2025 that will see it become the leading aviation group in Africa with seven business centers: Ethiopian Domestic and Regional Airline; Ethiopian International Passenger Airline; Ethiopian Cargo; Ethiopian MRO; Ethiopian Aviation Academy; Ethiopian In-flight Catering Services; and Ethiopian Ground Service. Ethiopian is a multi-award winning airline registering an average growth of 25% in the past seven years.

    Other winners for the Africa Travel Awards include:
    African Award for sustainable Tourism             Winner Rwanda Tourism
    Best Business Class in Africa                           Winner Ethiopian Airlines.
    Best Economy class in Africa                           Winner Ethiopian Airline
    Airline with the best in-flight services              Winner Ethiopian Airlines
    Most passenger friendly airport in Africa          Winner Cape Town Airport South Africa
    Africa Aviation personality                               Winner John Mirenge – CEO RwandAir
    Best Airline in Africa                                        Winner Ethiopian Airlines
    Best short Haul Airline in Africa                        Winner Rwanda Air
    Best online booking platform in Africa              Winner TravelStart Nigeria.
    Tourism marketing award                                 Winner Kenya Tourism Board.
    Best international airline in Africa                     Winner Emirate.
    Best resort in Africa                                          Winner kempinski Ole Mara, Kenya
    Best African hotel chain                                    Winner Serena Hotels
    Best hotel chain in Africa                                  Winner Radisson(Carlson Rezidor)
    Hotel of the year in – Africa                              Winner Rosa Kempinski
    Best tourism minister in Africa                          Winner Dr Walter Mzembi
    Best tourism personality in Africa                      Winner Late Belinda MUtinrihi
    Emerging Destination of the year                      Winner Rwanda
    Best tourism blogger                                         Winner Natalia Rosa
    Africa Culture Awards                                        Winner Calabar Carnival.
    African Restaurant of the year                           Winner Mama Ashanti


    Read more »
  • Ethiopian wins Ernesto Illy International Coffee Award

    Last week, the espresso-focused Italian coffee giant Illycafé presented its first annual Ernesto Illy International Coffee Awards, recognizing the top quality producers in its supply network.

    Held at the Delegates Dining Room of the United Nations in New York, the event notably pulled the mask off Illy’s signature blend, while more importantly recognizing and promoting the individual producers behind it in the spirit of quality through collaboration. The company has been holding a similar awards program annually in Brazil, yet in UN-fashion, decided to expand the program to include a number of additional major producing countries.

    From its quality lab in Trieste, Italy, Illy identified the three best lots from the 2015-16 crop year from each of nine countries that have regularly contributed to Illy’s signature blend, before an international jury selected the top lot from each country. The awards gala itself recognized all 27 finalists.

    The countries represented included Brazil, Colombia, Costa Rica, El Salvador, Ethiopia, Guatemala, Honduras, India and Nicaragua, while the international jury — calibrated by Mark Pendergrast and Illy Quality director David Brussa — was composed of coffee professionals, chefs and members of the coffee-focused media, including Peter Giuliano, Kerri Goodman, Corby Kummer, Grace Hightower, Suvir Saran, Viki Geunes, Luigi Taglienti, Maria Loi, and Adolfo Henrique Vieira Ferreira.

    In the end, Ahmed Legesse from Ethiopia was presented with the Ernesto Illy International Coffee Award, with coffee praised by the jury as having an intense yet delicate flavor, and unique high-intensity floral jasmine notes mixed with a hint of citrus and fresh fruit. Receiving an equal score, a Honduran lot from Juan Angel Milla received a special honorable mention.


    Read more »
  • Trump's daughter to relocate fashion line production company to Ethiopia

    As her father’s political foes are fond of pointing out, Ivanka Trump’s exclusive line of shoes for the working woman are made in China. Soon, they may be made in Africa.

    The head of Huajian Group, a Chinese shoe manufacturer that produces for the Trump’s eponymously named brand, this week discussed plans to relocate the company’s production to Ethiopia, where labor is cheaper.

    “My goal is to create 30,000 jobs in Ethiopia by 2020, with exports reaching $1 billion to $1.5 billion,” Zhang Huarong told the French news agency AFP. Zhang is building a “light industrial city” complete with production facilities, dorms, and its own hospital in Addis Ababa. Keeping in theme, the complex will be in shape of a woman’s shoe.

    Click here for more...

    Read more »
  • Ethio-Djibouti railway sets new model for China-Africa cooperation

    Chinese conductor Ding Jihua (R) trains the Ethiopian attendants at a railway station in suburban Addis Ababa, Ethiopia, Oct 1, 2016.[Photo/Xinhua]

    The railway, which links the Ethiopian capital Addis Ababa and the port of Djibouti in Djibouti, will officially open service on Wednesday as Africa's first electric railway. It is constructed by China Railway Group and China Civil Engineering Construction Corporation, a subsidiary of CRCC.

    Meng told Xinhua in an interview Tuesday that the project has set two successful models: introducing Chinese standards overseas to facilitate export of Chinese equipment and management; building railways to boost development of industrial parks, logistic centers and real estates along the route.

    The Ethiopia-Djibouti railway is the first railway built using a complete set of Chinese standards outside China, which Meng said is key to its success.

    Thanks to China's outstanding performance in building and managing railways, Chinese railway standards eventually helped Chinese firms win over the project in Ethiopia, which, like many other countries, once viewed Western standards as the orthodox.

    "After rounds of negotiations, The Ethiopian government came to realize that the Chinese standards are no inferior to Western ones, and more importantly, they best suit the country," Meng said.

    The option for Chinese standards facilitated the use of Chinese equipment, trains and materials in the construction. Working together, the Chinese firms ensured the railway's completion in just four years, despite the conclusion of Western experts who evaluated the project that for Ethiopia to have an electric railway was a mission impossible.

    The railway's construction has also seen Chinese investments channeling into the industrial parks and other development projects along the line, which will help create jobs and boost industries for Ethiopia, Meng added.


    In-Picture: Ethiopia-Djibouti railway inauguration

    The 3.4 billion US dollars built railway is a historical project which will take the relationship between the three countries into a new era, said Prime Minister Hailemariam at the ingural ceremony held at Lebu Station.

    The railway line will greatly reduce the travel time between the two countries and will contribute to the development of Ethiopia’s hinterland.

    Prime Minister Hailemariam Desalegn, President Ismail Omar Guelleh of Djibouti and Xu Shaoshi, Special Envoy of Chinese President Xi Jinping jointly inaugurated the Ethio-Djibouti railway today.

    This is an electrified system and environmentally friendly. This is what makes it different from other railway projects in Africa.

    Read more »
  • Interview with Ethiopian Fashion Designer Abai Schulze

    There’s an odd sense of vertigo when you see a face you recognize in a glossy magazine. Still, I shouldn’t have been surprised to see Abai Schulze confidently gazing at me from the magazine rack. In an economics class full of the standard George Washington University overachievers, she stood out. Even then she spoke about her twin passions of fashion and improving life in Ethiopia, the country of her birth.

    That struck me as an odd pairing at the time. But not long after graduation, Schulze founded ZAAF, a premium leather goods and accessories collection handcrafted by artisans in Ethiopia. She’s one of a rising tide of African designers, such as Maki Oh from Nigeria, aAks from Ghana, among others.

    Schultze recently turned 28 but started the business when she was 25. ZAAF brought in revenue of $160k last year and has 15 full-time employees and an additional 5-7 part-time employees depending on the season. They are based in Addis Ababa, Ethiopia. However, I wanted to know more about Schulze’s company. How did the company work? What was it like for a young woman born in Ethiopia but raised in the U.S. to start a company that would help people in her home country as well as make a profit? And, was it all too good to be true? Here’s what she had to say:

    Leah Wald: What have you learned from building a company at the young age of 25?

    Abai Schulze [Founder and Creative Director at ZAAF]:It’s been an amazing rough and tumble adventure full of challenges. I’m lucky enough to have made mistakes that will serve me well for the future (where the stake will be greater) but in a context where missteps are not fatal for the endeavor. It’s also made it very clear that each and every entrepreneurial project I take on is very binary – I either go 120% or not at all. You shouldn’t be half-hearted about blazing a personal trail or endeavor.

    Wald: Economically, how do people view Ethiopia? What do find people typically associate with the country?

    Schulze: Unfortunately, the “Ethiopia” brand is stuck in the stereotypes of hunger and instability reaching back to events of the past. This brand needs to be updated to reflect the reality of the nation’s remarkable growth and its human and cultural capital. Ethiopia is now one of the strongest economic movers on the continent, applauded for significant development advances — particularly in its rural areas — and a very aggressive industrial policy around textiles and light manufacturing. A country of nearly 100 million with near consistent double-digit GDP growth can only reasonably perceived as a bold global contender.

    Read the full interview here

    Read more »
Like our AddisZefen facebook page for more latest Ethiopian news!