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The Ethiopian Roads Authority awarded Enyi Construction to construct the 37 KM road linking the factories of Omo Kuraz Sugar Project, on September 17,2013, Fortune reported.

The design and construction contract of the 65.1 million Ethiopian Birr project was signed on Wednesday, October 2, 2013 at the Authority's headquarters.

The National Bank of Ethiopia has issued a new directive raising the minimum paid up-capital of micro-finance institutions, Fortune reported.

The directive requires micro-finance institutions to raise their minimum paid-up capital of 2 million Ethiopian birr, effective October 1, 2013.

The Ethiopian Ministry of Urban Development and Construction announced that its has targeted to create 1.8 million jobs in the current fiscal year.

Speaking in a meeting organized to evaluate the last year performance of the state owned Construction Design S.C, the State Minister Engineer Haile Meskel Tefera said, one million of the total job is expected to be created in the construction sector. Ongoing and new road and housing projects are helping to realize this goal, he said.

Investment in Ethiopia’s mining sector has reached 16.2 billion Ethiopian birr, Walta Information Center reported.

The number of domestic and foreign investors engaged in the mining sector has also reached 137, Bacha Fuji, the Ministry’s public relations and communications director, told Walta Information Center.