Ethiopia's Water Works Design & Supervision Enterprise (WWDSE) and China's Hydrochina Huadong Engineering Corporation have signed a memorandum of understanding to provide technical support and consultation to projects supervised by the WWDSE, Fortune reported.
The Ethiopian government officially inaugurated the Tourism Transformation Council and the Ethiopian Tourism Organization, entities established under the Council of Ministers Regulation No. 294/2013.
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Tesco, the world's third-largest retailer, is looking to source ethically produced clothes from Ethiopia, Reuters reported.
Reykjavik Geothermal, the Icelandic geothermal development company, plans to launch drilling on its US$ 2 billion project in Ethiopia by July, Chief Operating Officer Gunnar Orn Gunnarsson said.
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Unilever (UNA), the world’s second-biggest consumer-products manufacturer, plans to open a manufacturing plant in Ethiopia during the next year, Bloomberg reported citing a company official.
