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The Ethiopian Investment Commission (EIC) announced that 121 investment projects with capital of about 6.97 billion had started services and production during the first half of the current budget year, Walta Information Center reported.

The Ministry Foreign Affairs (MoFA) stated that the Ethiopian government had been making efforts to boost bilateral relations with different countries, Walta Information Center reported.

Ethiopia exported more than 11 million pieces of flower in connection with Valentine’s Day, a day celebrated on February 14 every year, Walta Information Center reported.

East African Aviation, a new private airline, began operation in Addis Ababa, Ethiopia by providing air ambulance and charter flight services, The Reporter reported.

The Commercial Bank of Ethiopia is to open a branch in the Capital of Sudan, Kahrtoum, Fana Broadcasting reported.

The General Manager of Kasem Sugar Factory, Mr. Tegenu Genamo, announced that the factory having the capacity to produce six thousand quintals of sugar a day would soon operate at full capacity in a month, Walta Information Center reported.

The Ethiopian Revenues and customs Authority (ERCA) announced that the government invested 191 billion birr that could have been obtained from tax and duties to encourage investors in the past five years, Fana Broadcasting Corporate reported.

Ethiopian Airlines announced that it would start daily flights twice a day to Delhi as of March 26, 2016, Fana Broadcasting Corporate reported.

Ethiopia will be hosting the International Coffee Organization’s (ICO) 4th World Coffee Conference on March 6-8, 2016 and 116th International Coffee Council meeting on March 9-11, 2016 in Addis Ababa, Fana Broadcasting Corporate reported.

The United States investment in Ethiopia reached USD 4 billion. Mr. Girma Biru, Ethiopian Ambassador to the US, stated that several US companies and Ethiopians abroad contributed to this growth, Walta Information Center Reported.