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April 25, 2020 • 1 Comment
Tourism needs three bln birr bailout in Ethiopia

The coronavirus pandemic, which has plunged the global economy into recession, is hitting Ethiopia’s service sector hard, to a point where the government’s intervention is required for a possible 3 billion birr bailout, as reported by the Reporter, one of Ethiopia’s English […]

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April 19, 2020 • 1 Comment
Hotel, Travel Industry Finds Itself in Rut(in Ethiopia), But Opportunities Abound

The Novel Coronavirus (COVID-19) has been contracted by millions of people around the world and claimed the lives of over 100,000. As a result, over a third of the world population is under a restriction of one kind or another. […]

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April 17, 2020 • 1 Comment
COVID-19 could cost Africa $500 billion, damage tourism and aviation sectors: AU study Says

Up to 20 million jobs in the formal and informal sectors in Africa could be lost because of COVID-19, according to a new study by the African Union. Released in early April, the study found that foreign direct investment (FDI), […]

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April 10, 2020 • 0 Comment
Danakil Depression in Ethiopia-it’s one of the harshest places on Earth — and travelers love it

It’s been called one of the most alien places on earth — a “gateway to hell” and, in the words of British explorer Wilfred Thesiger, a veritable “land of death.” The sulfurous hot springs, acid pools, steaming fissures and salt […]

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April 3, 2020 • 0 Comment
Communiqué – African Ministers of Finance – Immediate call for $100 Billion support and agreement

The ministers voiced the crisis is deep and recovery will take much longer following the online meeting, held On 31 March 2020 In the context of the outbreak of the coronavirus in Africa, the second online meeting of the African […]

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April 2, 2020 • 0 Comment
Middle East and Africa Airlines Revenue Losses Mount – Urgent Government Support Required

The International Air Transport Association strengthened its call for urgent action from governments in Africa and the Middle East to provide financial relief to airlines as the latest IATA scenario for potential revenue loss by carriers in Africa and the […]

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