Ethiopian Airlines, Africa’s largest carrier and the Government of Ghana have signed a strategic partnership agreement to set up a new national carrier in Accra, Ghana. This comes on the heels after the Ethiopian and the Ghanaian government signed a Memorandum of Understanding (MOU) last December.
The proposed airline will be a home-based airline that would be established by Ethiopian Airlines in collaboration with the Government of Ghana and the private sector. The Government of Ghana and the private sector will have a minimum of 51 percent stake in the proposed airline while Ethiopian will hold up to 49 percent interest in the new national airline.
Ethiopian Airlines Group CEO Tewolde Gebremriam told The Reporter that the final agreement was signed with the government of Ghana last week. “It is still at an initial stage and we don’t have any timeline yet,” Tewolde said.
The proposed national airline will operate domestic, regional and international flights. Tewolde told The Reporter that his management is happy that the Ghanaian Government selected Ethiopian as its strategic partner. “We are committed to work together with the Ghanaian government to re-launch
the national carrier of Ghana,” he said.
Ethiopian had established a regional hub in Lomé, Togo and Lilongwe, Malawi. It has partnered with the governments of Zambia, Chad and Guinea to establish new airlines. Ethiopian Mozambique, a new home-based airline established by Ethiopian in Mozambique, started operation on December 1, 2018.