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Ethiopia decided to build 11 public universities across the country that will be administered by the Ministry of Education (MoE).

European Union (EU) Business Forum to Ethiopia concluded an agreement with Ethiopian Investment Commission (EIC) in the aim of strengthening business and investment ties between the Union and Ethiopia.

During his visit to Kenya, Ethiopia’s Prime Minister, Hailemariam Dessalegn, concluded an oil pipeline deal with Kenya’s President, Uhuru Kenyatta. The deal is for the construction of crude pipeline from Lamu, a coastal town in Kenya, to Ethiopia’s capital, Addis Ababa.

Here is another remarkable event at Ethiopian; the fastest growing and the leading pan-African Airline has broken a Guinness World Record for making the largest ever human image of an Airplane on June 29, 2016.

Following the call made by Ethiopian Revenues and Customs Authority (ERCA) a month ago, Modjo Dry Port confiscated 223 containers. ERCA made the call for 823 containers owned by importers and gave them a 4 days window. 600 containers were removed leaving 223 containers to be confiscated by ERCA.

Ethiopia’s flag carrier, Ethiopia Airlines, disclosed it would start daily flights between Addis Ababa and Muscat, Oman. The service will launch on July 1, 2016.

European Investment Bank (EIB) concluded an agreement with Ethiopia for the establishment of a country in Addis Ababa.

Ethiopian Airlines, the fastest growing and the largest African airline, stands as 1st Airline in Africa to take delivery of Airbus A350XWB on 28 June, 2016, in Toulouse, France.

Metals and Engineering Corporation (METEC) disclosed it built more than 75 manufacturing workshops all over Ethiopia.

Businesses in Ethiopia will no longer be required to present minimum capital statements in order to be registered, if a proclamation to amend the Commercial Registration and Business Licensing Proclamation is approved by the federal legislature, House of Peoples Representative (HPR).