The rebranded Tourism Ethiopia is set to establish a tourism fund, an institution financed from various sources including an upcoming tourist tax system.

As part of its fast and profitable growth strategy Ethiopian Airlines Group is planning to become a USD 25 billion company by 2035, it was learnt.

The International Finance Corporation (IFC) has agreed to provide a three year technical and advisory support to the Ethiopian Tourism Organization (ETO) over its marketing and destination development projects;including setting out a roadmap and capacity building for the tourism sector.

Teaming up to exploit trade and tourism upshots from the upcoming Dubai trade fair, the Agricultural Transformation Agency (ATA) and the Ethiopian Tourism Organization (ETO), seek to secure USD 63 million worth of trade deals.

The Council of Ministers will soon endorse the selected construction site for the proposed new mega hub airport.

The Irish Prime Minister Leo Varadkar made an official three-day visit to Ethiopia this week looking to expand the partnership beyond foreign aid, and met with the political leadership of the nation, including Prime Minister Abiy Ahmed and President SahleworkZewde announcing a new partnership in Lalibela UNESCO Heritage site and  visited a refugee camp in Tigray region.

Ethiopian Airlines Aviation Group is to inaugurate the Addis Ababa Bole International Airport passenger terminal expansion and the five-star hotel near its headquarters in Addis Ababa.

The embattled CEO of Ethiopian Tourism Organization (ETO), Lensa (Aida) Mekonnen held a three-day marathon of meetings with operators of the sectors at Harmony Hotel this week and received harsh criticisms.

Two years afterthe decree of the first State of Emergencies (SoE) in 2016, both local and global brand hotels are gradually regaining their pre-SoE markets, said Addis Ababa Hotel Owners Association this week. 

Addis Ababa City, often referred to as the capital of Africa, mostly pertaining to its being the seat of the African Union and different international organizations, is to get a major face lift with a project that extends from Entoto to Yeka Abado, The Reporter has learnt.