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The Trade Practice and Consumer Protection Authority of Ethiopia disclosed that it had set up ways to track private health centers service delivery fee, Walta Information Center reported.

The Addis Ababa City Roads Authority (AACRA) suspended four construction firms from upcoming projects in Addis Ababa, Capital reported.

The Ethiopian Textile Industry Development Institute (ETIDI) noted that exports for the first six months of Ethiopian fiscal year 2015-2016 were lagging behind, achieving only 70% of the planned target, East African Business Week reported.

The State Grid Corporation of China (SGCC) is going to be the second to invest in Ethiopia in energy development for the generation of electric power, Capital Reported. 

The US –Icelandic Reykjavik Geothermal Ltd, the other energy company, entered an agreement with the government to develop 1000 MW of electric power from geothermal resource in the southern parts of Ethiopia at a cost of USD 4 billion.

The Ministry of Trade revised fuel prices which are to be effective as of February 6, 2016, Fortune reported.

The Ethio-Luxembourg business discourse began at the Hilton Hotel on February 4, 2016 with an opening speech by the Ethiopian State Minister of Foreign Affairs, Mr. Regassa Kefale, Fana Broadcasting reported.

The Bahir Dar City Trade and Industry Bureau stated that investors engaged in different areas of the industry sector had a registered capital of about 1.8 billion birr, Walta Information Center Reported.

Kenya’s Electricity Transmission Company stated that the import of cheap electricity from Ethiopia had progressed highly with the plan of constructing high voltage lines commencing in May, Fana Broadcasting Corporate reported.

Ethiopia signed an agreement with the African Development Bank (ADB) for the loan of 327 million dollars to be used for the supply of potable water and other basic infrastructures, Walta Information reported.

Diriba Kuma, Mayor of Addis Ababa, states that the Addis Ababa City Administration will begin constructing houses for rent to Civil Servants and Low-income Dwellers of the city in the current Ethiopian fiscal year, the Daily Monitor reported.