Wed, 18-Mar 2026

Search news articles
  • Home
  • AllAgricultureBankingAviationEnergyManufacturingTechnologyStartups
  • Geopolitics
  • Kenya Business NewsAfrican Business NewsGlobal News
  • Press Releases
  • Shows
  • Best Places to Work 2026
Subscribe
Events
Subscribe
  • Home
  • AllAgricultureBankingAviationEnergyManufacturingTechnologyStartups
  • Geopolitics

    Contact Us

    Media Queries & Partnerships:[email protected]

    About Us

    We are a leading integrated digital content platform providing in-depth business and financial news across Sub-Saharan Africa & the globe.

    Disclaimer

    The information contained in this website is for general information purposes only.
    © 2026 Wallstreet Africa Technologies LTD.. All Rights Reserved.
    1.0.32

    Ethiopia airlines among top contenders to manage Nigeria’s new national carrier

    Nelly
    By Nelly K.
    - August 14, 2018
    - August 14, 2018
    African Wall Street
    Ethiopia airlines among top contenders to manage Nigeria’s new national carrier

    Ethiopian Airlines is the frontline in the tender application meant to select a team that will set up and manage of Nigeria’s new national carrier. The Nigerian Minister of State for Aviation, Hadi Sirika had made the announcement last month with the hope to launch operations by the end of the year.

    “We are among a small group with an interest in establishing a national carrier (in Nigeria)…we do not know the results (of the tender), though we are frontrunners,” Tewolde Gebremariam CEO Ethiopia Airlines told Reuters.

    Ethiopian Airlines already has contracts for maintenance work with two Nigeria based carriers Arik Air and Midview Airline he added.

    As part of its effort to form strategic partnership with African airlines, the Ethiopian Airlines has purchased 49 per cent shares in Guinea Airlines, 45 per cent in Zambian Airlines, 49 percent in Chad airlines.

    As for Mozambique and Equatorial Guinea airlines the carrier has almost full ownership

    State owned Ethiopian Airlines has recorded a net profit of $229 million during the past fiscal year ended in July 2018.

    According to Reuters Ethiopia had in June said it would open Ethiopian Airlines and other companies including the telecoms monopoly up to private domestic and foreign investment, but details have not yet been made public.

    The Kenyan Wall Street

    We are a leading integrated digital content platform providing in-depth business and financial news across Africa & the globeSubscribe
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...

    Your edge in markets, powered by AI

    Explore cutting-edge insights with our AI assistant, delivering real-time analysis, personalized news, and in-depth answers at your fingertips.

    Sign Up

    Show me today’s top trades

    Explain the market in simple terms

    What’s my next smart move?

    Report Issue

    Wall Street Africa Business Intelligence

    Access exclusive news, expert analysis, and tools designed to give investors an edge.

    Fixed Income

    Real-time bond pricing with instant calculations, auction data, yield curves, and trend analysis for Africa’s fixed-income markets.

    Local and Global Insights

    Unique perspective with a blend of local and global news and analysis, tailored for African investors.

    Real-Time Economic Indicators

    Monitor inflation, currency movements, and other key economic indicators for African countries.

    Interactive Data for Local Markets

    Visualize trends and compare markets across Africa with interactive charts and tools.
    Wallstreet Africa
    Wallstreet Africa
    Wallstreet Africa