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Ethiopian Airlines has emerged as the leading player in Africa’s cargo aviation sector, now holding 35 percent of the continent’s market share, according to a new report by the African Finance Corporation (AFC). The airline has significantly expanded its annual cargo capacity, growing from 266,000 tons in 2016 to 715,000 tons by 2023.

The AFC report also highlights persistent gaps in intra-African air transport. In regions such as West Africa, European carriers continue to dominate cargo and passenger traffic. Kenyan Airways and Royal Air Maroc, the next closest competitors, together account for only 25 percent of the cargo market, signaling a sharp contrast in competitiveness.

The report commends Ethiopia and Kenya for using their national airlines to strengthen export trade and urges other African countries to adopt similar strategies. Ethiopian Airlines currently operates 16 dedicated cargo aircraft and serves 60 international destinations, with half located within Africa. The airline plans to expand its cargo fleet to 37 aircraft by the year 2035, reinforcing its long-term commitment to the sector.

In addition, the report praises Ethiopia’s advances in digital infrastructure, particularly in the rapid growth of telecom service users and the increasing adoption of digital technologies. These developments are positioning the country as a leader in Africa’s digital transformation.

Despite such progress, the AFC identifies weak infrastructure as a major constraint to the growth and competitiveness of Africa’s aviation sector. Addressing these limitations is seen as critical to unlocking further potential.

The report also identifies other high-potential sectors across the continent. These include mining, agriculture, logistics, and digital infrastructure. Ethiopia is highlighted as the top wheat producer in sub-Saharan Africa, with wheat cultivation rising from 5,000 hectares in 2018 to 650,000 hectares in 2023.


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Ethiopian Airlines, Africa’s largest carrier and one of the world’s fastest-growing airline brands, has marked a significant milestone with the graduation of 974 aviation professionals from its Aviation University. The graduation ceremony, held on May 3, 2025, at Ethiopian Aviation University in Addis Ababa, was attended by ambassadors, international representatives, airline executives, graduates’ families, and distinguished guests.

The graduates specialized in various fields including Aircraft Maintenance (184), Pilot Training (43), Cabin Crew (448), Commercial Operations (255), and Hotel Operations (44). The cohort represents a diverse mix of African nationalities, alongside international trainees, with notable representation from China. Among them are 38 Chinese, 34 Congolese, 19 Mozambicans, 8 Cameroonians, 2 Gabonese, and one each from Zambia, South Sudan, Uganda, and Sierra Leone. Of the total graduates, 614 are female and 360 male—underscoring Ethiopian Airlines’ commitment to gender inclusion in the aviation industry.

“This is a proud moment for Ethiopian Airlines,” said Group CEO Mr. Mesfin Tasew. “Our graduates have demonstrated exceptional dedication and academic excellence. I am confident they will carry forward the values, skills, and knowledge they have gained here. Ethiopian Aviation University, with its advanced technologies and expert faculty, will remain a beacon of aviation excellence for Africa and beyond.”

Established nearly 70 years ago, Ethiopian Aviation University has trained over 20,000 aviation professionals from Ethiopia, across the continent, and internationally. Since earning university status in March 2023, the institution has expanded its academic offerings to include degree programs such as BSc in Aeronautical Engineering, BSc in Aircraft Maintenance Engineering, BSc in Aviation Management, BA in Tourism and Hospitality Management, and an MBA in Aviation Management.

The university currently operates in Addis Ababa, Hawassa, and Dire Dawa, with a capacity to train approximately 4,000 students annually. Under Ethiopian Airlines’ long-term “Vision 2035,” that number is expected to grow to 7,000 in the coming years.

This latest graduation not only reaffirms Ethiopian Airlines’ leadership in aviation training but also highlights its enduring partnership with China. The airline was the first African carrier to establish direct flights to China in 1973, a relationship that continues to deepen through education and skill transfer.

 



Ethiopian consumers are facing yet another fuel price increase as the government adjusted petroleum prices overnight, marking the second hike in just two months. The Federal Ministry of Trade and Regional Cooperation announced that the new prices took effect yesterday.

The latest adjustment sets a liter of gasoline at ETB 112.67, while white diesel now costs ETB 107.93 per liter. This follows a significant increase in January 2025, when gasoline prices crossed the ETB 100 per liter mark for the first time, reaching ETB 101.47, while white diesel was priced at ETB 98.98 per liter. The March hike represents an additional 11% rise in gasoline prices and a 9% increase in diesel prices within just two months.

The January fuel price adjustment was attributed to fluctuations in global oil markets and ongoing economic reforms. However, the latest hike comes unexpectedly, as authorities had previously signaled that fuel prices for March would remain unchanged from February. The sudden revision has left businesses and consumers concerned about its impact on transportation, logistics, and the overall cost of living.

With inflation already a pressing issue in Ethiopia, experts caution that consecutive fuel price hikes could further drive up costs across various sectors. Both consumers and businesses are expected to keep a close watch for any potential price adjustments in the coming months.



 

Ethiopian Shipping and Logistics (ESL) is celebrating its 61st anniversary with a stellar mid-year performance, achieving a 99.4% year-on-year revenue growth. In the first half of the 2024/2025 Ethiopian fiscal year, ESL transported 2.9 million tons of cargo, while profit before tax soared by an impressive 182.3%.

Amid rising competition in the sector, Ethiopian Investment Holdings (EIH) leadership, during their mid-year performance review, underscored the need for ESL to enhance efficiency, expand services, and adopt an integrated strategy to sustain its market position.



 

Ethiopian Maritime Transport and Logistics has announced a remarkable performance for the past six months, with a profit of ETB 9.3 billion before tax, marking a 188% increase from the previous year. This impressive result also exceeds the institution’s initial target of 6 billion birr in pre-tax profit.

The announcement was made in the presence of Ethiopian Investment Holding Deputy CEO, Habtamu Haile Michael, and other key officials overseeing the institution’s operations.

Berhane Gebreezgar, Head of the Business and Development Department, shared insights on the institution’s pivotal role in Ethiopia’s trade infrastructure. He highlighted that Ethiopian Maritime Transport and Logistics has been instrumental in facilitating the country’s import and export operations, providing comprehensive logistics services. These include transporting factory products, machinery, vehicles, construction materials, and various cargoes by both sea and land.

In the first half of the year, the institution handled 3.9 million tons of import and export cargo, surpassing expectations. Additionally, the revenue generated from these services reached over ETB 46 billion, exceeding the target of ETB 44.1 billion and reflecting a 99% year-on-year growth.

 




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