Addis Standard
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An independent Ethiopia based online media focusing on current affairs. Original content+daily gist of media monitoring
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#China indicates it “will suspend” #Ethiopia’s payments on debt maturing in the period 2023/2024: PMO

President Xi Jinping of China “indicated that China will suspend payments on debt maturing in the period 2023/2024 as part of the common framework agreement,” office of PM Abiy Ahmed said.

The two leaders met ahead of the BRICS-Africa Outreach and #BRICS Plus meeting in #Johannesburg, #South_Africa.

According to the official readout from PM Abiy’s office, the two leaders “expressed mutual interest in further strengthening the relations between both countries and commitment to partnership in multilateral platforms.”

“President Xi Jinping also expressed admiration for the Prime Minister’s leadership in spearheading national development and vowed to support progress in peace and development endeavours, in the areas of reconstruction as well as in enhancing investments and trade ties,” the office of PM Abiy further said.
#Ethiopia's combined aircraft fleet is valued at $5.25 billion

*Ethiopia dominates the African aviation industry with the highest fleet market value, even though it doesn't have the most aircraft in Africa.

*The top five countries, including #Egypt, #Morocco, #South_Africa, #Kenya, and #Ethiopia, account for over 70% of the total African fleet by market value.

African airlines are expected to start taking delivery of newer and higher-value aircraft in the next five years, with #Ethiopian Airlines leading the way with the most firm orders.

https://simpleflying.com/ethiopia-aircraft-fleet-5-billion-usd-value/