Ethiopian Business Review

Because of its 30pct per year growth since 2000, Africa is currently the second largest telecom market in the world, next to Asia. By the end of June 2018, the number of mobile subscriptions in Africa was 1.04 billion, up from the one billion subscriptions at the end of 2017. As a result, the continent’s mobile penetration rate reached 82Pct in 2018.

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African countries exported USD476.6 billion dollars of goods in2018, 12.8Pct higher than the 2017 average. The figure is however 11.3Pct lower than the aggregate export earnings of 2014. In comparison, global exports from all countries worldwide equaled USD19.2 trillion in 2018, of which Africa’s export represent an estimated 2.5Pct.

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Based on analysis of the peak summer flight season starting in July 23, 2019, Turkish Airlines remains the airline with the most destinations of all airlines, with 121 destinations, according to the OAG Schedules Analyzer, which set out the airlines with the most places reached. While the top two airlines with the most destinations remain unchanged, Ethiopian Airlines was the most improved, jumping from seventh to fourth. Ethiopian and its subsidiaries or partner carriers plan to serve nine new destinations during this year’s peak season. This will result in a 13Pct increase in the airline’s international markets.

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