Ethiopian wins African Business of the Year award

Ethiopian Airlines won the African Business of the Year award, an event held in New York on 20 September 2013.

It was recognised for its exemplary role as an African business model that is effectively harnessing opportunities and making profits while as the same time registering fast growth, despite the tough economic times for the global aviation industry.

CEO of Ethiopian Airlines, Tewolde Gebremariam, said, "As a truly Pan-African business organization, we are honored and feel happy to receive this award, which recognizes our contribution to the economic development and GDP growth of our great continent. Africa is on the rise and we are growing together with the continent. With our extensive and fast expanding passenger and cargo network, which now covers five continents, and our multiple hub strategy in Africa, which is creating multiple gateways to the continent, we are serving as a critically essential vehicle for the flow of tourism and foreign direct investment into the continent."

The African Business Awards is a platform, which celebrates excellence in African business by recognizing individuals and companies that are driving Africa’s rapidly transforming economy, and creating new economic opportunities for citizens and communities, all over the continent.