Market News

The US Federal Aviation Administration (FAA) has bestowed a Category 1 rating on the Ethiopian Civil Aviation Authority (ECAA) following several months of examinations. A category 1 rating suggests effective operational organization, flight safety and air space licensing; all of which are areas tha . . .

Air Seychelles, the national airline of the Republic of Seychelles has launched direct flights to Antananarivo, Madagascar, to add to South Africa, Tanzania and Mauritius, where it currently operate flights to. “We are thrilled to add Antananarivo to our global network, further cementing our . . .

The first of 41 trams being built for the two-line network under construction in Addis Abeba was unveiled at CNR Changchun’s plant in China on August 26. The trams were ordered in March 2014 and are scheduled to be delivered by January, being shipped via Tianjin and Djibouti with a journey ti . . .

State owned TAAG Angola Airlines has partnered Lufthansa in a bid to increase flights between Germany’s Frankfurt and Angola’s Luanda. “Lufthansa would add one more flight a week with an Airbus A340-300, which represents a 50 percent increase in capacity on flights between the two . . .

 VENTURES AFRICA – The fruits of Nigeria’s Automotive policy continues to grow as the country’s National Automotive Council (NAC) on the implementation revealed that 21 Auto companies have signed commitments with technical partners to set up local assembly operations.   . . .