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Ethiopian Airlines, Ethiopia’s flag carrier, announced a joint initiative to purchase fuel with eight other African airlines. The collaborative initiative to bur fuel is expected to result in significant savings for the airlines.

The program for the nine airlines to jointly buy fuel was launched following the conclusion of the evaluation process of bids tendered by several fuel companies said The African Airlines Association.

The Ethiopian Revenue and Customs authority held talks with business people from the Merkato area, center for business activity in Ethiopia. The meeting was held at the National Lottery Administration Hall last week.

The meeting was expected to relax some tension in the Merkato business community following the drastic measures enforced by the ‘The Merkato Project’ to enforce tax compliance.

Ethiopian Investment conferences are to be held in North California and Los Angeles on the 4th and 11 of February respectively. The conferences are planned to discuss opportunities for investment available in Ethiopia for members of the Ethiopian Diaspora.

The conferences to be held under the title “Collaborative Investing by the Ethiopian Diaspora in the U.S.” are a continuation of the inaugural efforts began in Washington D.C which attracted notable media coverage and a significant number of attendees according to organizers.

The 9th African Fine Coffees Conference and Exhibition is to be held in Addis Ababa, Ethiopia. The conference will include more than 1,500 buyers, producers, traders, marketers and equipment and input dealers. 

Participants will showcase their products at the exhibition noted the Eastern African Fine Coffees Association, organizing the Conference.  

The timing of the Conference is ideal as world prices for coffee are currently at a new high boosting the confidence of producers inclined to abandon coffee crop according to conference organizers.