Money Moves October 01, 2018 at 11:00 am

These top 5 African companies embraced pan-Africanism ideals and became the best

Ismail Akwei October 01, 2018 at 11:00 am

October 01, 2018 at 11:00 am | Money Moves

Ethiopian Airlines – Ethiopia

Founded in 1945, Ethiopian Airlines’ vision was to capitalize on the huge untapped air transport potential and underserved markets in Africa and use its home base and African roots to do this.

With strong partnerships with other African airlines, Ethiopian Airlines has been able to grow rapidly and expand its Africa network to 38 countries. Its African network expands to 55 cities and over 100 international passenger and cargo destinations.

Its operating revenue is Birr 54.4 billion ($2 billion) and the total current asset is Birr 88.8 billion ($3.2 billion). The airline’s total equity is Birr 25.4 billion ($916 million) with over 13,942 employees.

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