The 2013 African Growth and Opportunity Act (AGOA) Forum which will be held in Ethiopia will be instrumental in strengthening ties between Sub-Saharan African countries, Ethiopian Ministry of Trade (MoT) said.
Ethiopia is preparing to host the 12th AGOA forum which will be held in June 2013. A delegation from US has recently visited Ethiopia to assess the preparation.
Gambella Regional State supplied 973kg gold to the National Bank of Ethiopia (NBE) during the last nine moths, the regional mines agency said. The agency told Ethiopian News Agency that over USD 48 million was earned from sale of the of gold. 
The Ethiopian government is proposing to establish the Food, Beverage & Pharmaceuticals Industry Development Institute and the Chemicals & Construction Materials Development Institute. The two institutes are expected to be operational in the coming fiscal year after the Council of Ministers grants its approval.
“This is the result of the government’s plan to transform the manufacturing sector,” Tadesse Haile, state minister of Industry told Fortune. Add a comment Add a commentThe National Bank of Ethiopia concluded contract with Afcor PLC. local vendor for the supply of IBM equipments and database solutions for worthing USD one million. Six months ago, NBE has contracted the Indian company Polaris to replace its old CORE Banking system for USD 3.4 million.
The privatization bid for Ethiopia's biggest state-owned hotel, Ghion Hotel Enterprise, once again failed to attract buyers on the bid opening day held on Friday. No bid documents were submitted sealed when the box was opened in the bid hall of the Ethiopian Privatization and Public Enterprises Supervising Agency (PPESA).
