ETHIOPIA – Ethiopian Airlines and European Union Delegation to Ethiopia have signed a letter of intent to establish the Ethio-European International Business School (EEIBS) in Ethiopia.
The School will focus on delivering training of the Masters in Business Admistration (MBA) course to the country and Africa’s budding entrepreneurs and young minds.
Tewolde GebreMariam, Group CEO of Ethiopian Airlines and H.E. Ambassador Johan Borgstam, Head of the European Union Delegation to Ethiopia have signed the letter of intent early December to establish the School.
Ethiopian Airlines will host the delivery of an MBA program at the Ethiopian Aviation Academy with the support of the EU Delegation under the EU’s Transformation Triggering Facility (TTF) program.
Once established, the school will be a significant addition to the leadership courses beingdeliveredat theAviation Academy, an ICAO designated Regional Training Center of Excellence, says GebreMariam.
“We are very pleased to sign this letter of intent with the European Union Delegation to Ethiopia to establish an international business school under our Aviation Academy, which will be delivering a world-class MBA program. We look forward to launching the MBA courses and shape as many young African minds as possible, adding value to their academic and professional lives.”
According Ambassador Borgstam,the EU Delegation to Ethiopia is proud to partner with Ethiopian Airlines Aviation Academy on this important project that will provide quality education to young Ethiopians. Investing in training and education is critical for the realization of Ethiopia’s development strategy, he says.
“The European Union invests heavily in human capital development in Ethiopia and supports government efforts to improve the business environment and the implementation of the industrialization agenda. It is our firm conviction that this will help addressing the challenges of youth unemployment as well as ensuring the successful implementation of the second phase of the country’s Growth and Transformation Plan.”
Under its Aviation Academy, Ethiopian offers pilot, cabin crew, commercial and aviation maintenance courses in addition to the leadership and career development training.
With more than 100 private and public universities, Ethiopia has a huge demand for quality education driven by a rising population, explosive economic growth in the last 10 years or more and a young population that is thirsty for knowledge.