Ethiopia Airlines to buy 20% Eritrean carrier stake, agency says

Ethiopia’s national airline will take a 20% stake in Eritrean Airlines, the state-owned Ethiopian Press Agency reported​, citing unidentified Eritrean media. Ethiopian Airlines Enterprise, Africa’s biggest carrier by revenue, will also resume flights next week to Asmara, the capital of neighboring Eritrea, the ruling party-funded Fana Broadcasting Corp. reported earlier, after the two countries made a historic agreement to end a state of war and rebuild economic ties. The renewed service comes after Prime Minister Abiy Ahmed’s weekend visit to Eritrea, where he and Eritrean President Isaias Afwerki pledged cooperation in political, economic and security matters, easing relations that have been fraught for almost two decades.<br/>