Appreciating 3 awesome women on this #MothersDay :

1. My mother Asselefetch Aragaw. Elegent, dignified, proud mother of 4.

2. My late wife Julie. My soulmate for 23 years. Mother of our son, Mike!

3. My wife Mahi. A good friend & mother of our two boys, Malachi and Azaria!

“Ethiopia Tamirt” (Made in #Ethiopia ) is a new initiative by the Ministry of Industry to advance manufacturing value-addition through investment & innovation. #ኢትዮጵያታምርት Melaku Alebel Addis

A 4-day expo, including panel discussions, is currently underway to promote the…

An insightful “7th East Africa Finance Summit” opened yesterday.

Keynote speaker, the Governor of #Ethiopia ’s central bank (NBE), Mr. Mamo Mihretu, Mamo Mihretu, stated that the bank is setting an ambitious and hopeful financial sector agenda focused on financial stability,…

A dramatic emergency landing in Istanbul, #Turkey yesterday by a FedEx Boeing 767 cargo plane without its front landing wheels. Amazingly, there were no injuries.

#Boeing can’t seem to catch a break these days as it continues to appear in the wrong headlines.

Brazilian aircraft manufacturer - Embraer - considering a new model to compete with Boeing’s 737 MAX & Airbus’s A320.

Embraer’s ambition gained momentum recently because of Boeing’s turmoil with the 737 MAX. #Brasil #Brazil

Source: The Wall Street Journal

Having lived and worked in Brazil, I…

Addis Abeba, #Ethiopia will be hosting three impactful business events this week.

1. African Airlines Association (AFRAA) convention, May 12 to 15

2. Ethiopia Tamrit (manufacturing) expo & panel discussions, May 9 to 14

3. East Africa Finance conference, May 9 & 10

Look…

መልካም ፋሲካ Happy Easter!

May this day be blessed for all who celebrate Easter today!

ዛሬ የትንሣኤ በዓልን ለሚያከብሩ ሁሉ ይህ ቀን የተባረከ ይሁን!

#Ethiopia #ኢትዮጵያ

“Do not ignore Africa”, World Bank President tells wealthy nations. Via Financial Times

MY VIEW: Despite the WB President’s strong urging, the sad reality is, anyone who circulates amongst Washington decision makers knows Africa will continue to be ignored since the U.S (and it’s Western…

Nigerian banks scramble for capital.

Yesterday was the deadline to submit their recapitalization plans.

Some may collapse or merge with stronger players.

The devaluation of the #Nigeria naira has wiped ~ 90% of banks’ minimum capital in dollar terms.

Source: The Africa Report

Professor Josep Stieglitz, who won the Nobel Prize in Economics in 2001, has a new book titled “The Road to Freedom: Economics and the Good Society”. As always, his insights are fascinating.

The Financial Times has done a great interview with him, published today. Below are my…

#Ethiopia : Ethiopian Airlines’ successful MRO:

*Established 1957
*One of the world’s largest and most modern
*3,000 certified technical and support staff
*US FAA, EU EASA certified
* #Boeing , GE, DHC accredited
*Heavy maintenance, scheduled maintenance, airframe, cabin…

“Clean Streets – Healthy Lives” initiative launched by PM Abiy Ahmed Ali 🇪🇹. It’s an excellent & timely initiative. Watch video for details.

'My family has joined #CleanEthiopia '. #ጽዱኢትዮጵያ ተቀላቅለናል”. I encourage all to participate.

#Ethiopia

African Aviation’s two-day MRO (Maintenance, Repair & Overhaul) conference is being held in Addis Ababa, #Ethiopia , home of Africa’s largest carrier, Ethiopian Airlines.

Great turnout including Boeing, GE, Air France-KLM, Lufthansa, Rolce Royce & Avdyne Aeroservices.

Summarized below are my key take aways from last week’s IMF and World Bank spring meetings here in Washington and the feedbacks I got from panel discussions and private conversations I had with decision makers and influencers at numerous side events.

The old “Washington…

South African Airways (SAA):

Seeking investors for approximately 30% of the airline’s equity.

Government to retain majority.

Considering listing some of the shares.

Suspended route expansion.

Source: SAA’s chairman Derek Hanekom eNCA

#SouthAfrica #Nigeria #Kenya #Ethiopia

Sub-Saharan Africa’s (SSA) economic outlook for 2024 announced by the IMF here in Washington this week.

Headline: “Tepid & Pricey”. Still, some countries growing strong.

Five fastest growing (%)
#Niger 10.2
#Senegal 8.3
#Rwanda 6.9
#Ethiopia 6.2
#Gambia 6.2

SSA average: 3.8

Yesterday, here in the U.S, I met Ethiopian-Americans who founded two successful companies:

1. A cyber-security firm from Virginia. Works with DHS, etc.

2. An MRO company from Texas. Maintains Boeing aircrafts.

Great examples of immigrants from #Ethiopia making a difference.