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The Ethiopian Development Research Institute (EDRI) and the Japan International Cooperation Agency (JICA) Ethiopia Office will hold their fourth High Level Forum of Phase II of the Policy Dialogue on Industrial Development on 30th July 2013, EDRI announced.

According to a statement EDRI sent to Ethiopian News Agency, the forum is the fourth event in the series of Phase II of Policy Dialogue on Industrial Development between Ethiopia and Japan. It said the event will focuses on strategic Foreign Direct Investment promotion and technology transfer. Add a comment Add a comment

Ethiopia has earned US$663.7 million from tourists who visited tourists sites across the country during the just ended Ethiopian fiscal year, according to the Ministry of Culture and Tourism.

Speaking at the opening of a consultative meeting in Robe Town, Bale Zone of Oromia Region on Monday, State Minister Tadelech Dalecho said the revenue was secured from more than 629,000 foreigners, who visited historical, natural and religious attractions in the country.

The Addis Ababa City Road Authority is installing new traffic lights at four junctions of the capital. The authority is planning to eventually install traffic lights in 14 junctions throughout the capital to upgrade the city's traffic management.

The authority awarded the contract to U.E International Trading and to a joint venture an Ethiopia and South Africa company. “AACRA will pay out 11 million birr for both bid winners,” Fekade Haile, Director General of the Authority told Capital. Add a comment Add a comment

Ethiopia's Raya Brewery announced it has raised 500 million Ethiopian birr to fund the construction of a new brewing plant.

Located on the outskirts of Maichew, 670km north of the Capital, Addis Ababa in the Tigray regional state, construction of the plant which will have a capacity to produce 600,000 hectoliters of beer annually is scheduled to be completed within a year time. Add a comment Add a comment