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The National Bank of Ethiopia issued an amended directive raising the maximum amount of foreign exchange cash overseas travelers can obtain from authorized foreign exchange dealers, Fortune reported.

The amended foreign exchange directive become become effective as of as of October 4, 2013.

The Western Union® Company (NYSE:WU), a leader in money transfer and global payment services, is hosting the first ever network convention for its Agents in Ethiopia to be held at the United Nations Economic Commission for Africa Conference Centeron Saturday, October 12, 2013.

The convention will see over 340 participants from across Ethiopia attending the event, from senior level to front desk officers, coming together to share Western Union operational and security best practices. Some of the major points to be highlighted include customer service excellence in Ethiopia, raising awareness on compliance related best practices and excellence across service areas. The convention will facilitate systems and process education for Western Union agents in Ethiopia. This in-turn will provide consumers with even more improved and efficient service.

Ethiopian Airlines and Boeing [NYSE: BA] today announced an agreement to double wire harness production at Ethiopian Airlines’ Wire Harness Facility.

The Wire Harness Facility, based in the Ethiopian capital Addis Ababa, opened in 2009 and currently supplies seat-to-seat wire harnesses for all Boeing commercial airplane programs. Following today’s announcement Boeing and Ethiopian Airlines will place additional work at the facility, which will double its output by the end of 2014. With support from Boeing, Ethiopian will manufacture more varied and complex wire harnesses, expanding its value as an aerospace supplier.

Allana Potash Corp. (TSX: AAA)(OTCQX: ALLRF) ("Allana" or the "Company") is pleased to announce the issue of its Mining Licence for the Danakhil Potash Project (the "Project") by the Ethiopian Ministry of Mines, after receiving approval of the Ethiopian Council of Ministers.

"Allana is proud to have achieved this major milestone in the development of the Project and very much appreciates the extensive work done by Ethiopian government staff and Allana's consultants and employees in reaching this goal", said Allana President and CEO, Farhad Abasov, further noting that, "Allana is now positioned as one of the leading mining companies in Ethiopia and is committed to working with the Ethiopian government, our communities, investors, lenders and contractors to deliver on the significant potential of Ethiopia's potash resources."