2merkato

An Ethiopian Investment Seminar under the theme, ‘Manufacturing investment and Development of Industrial Zone in Ethiopia,’ was held on December 17, 2015, in Tokyo, Japan, according to Ethiopian Herald.

Ethiopia’s newly-appointed Minister of Finance and Economic Development Abdulaziz Mohammed has met with Elman Abdullayev, Azerbaijan’s Ambassador to Ethiopia and have discussed on the possibilities of economic cooperation between the two countries.

French Foreign Trade Minister Matthias Fekl expressed his country’s and French investors’ interest to invest more in Ethiopia.

The African Export-Import Bank (Afreximbank) is to hold a business forum on December, 21, 2015, in Addis Ababa, Ethiopia, The Daily Monitor reported.

Goda Bottle and Glass Share Company is going to construct bottle and glass factory in Adigrat with 600 million Birr cost, according to Fana Broadcasting Corporate.

Ethiopia is going to end importing sugar by the end of this Ethiopian year as new sugar factories that have begun testing production will become fully operational, according to Ethiopian Sugar Corporation.

Ethiopian premier has urged the Ethiopian Revenue Customs Authority (ERCA) to put in use the electronic single window service system as soon as possible, Ethiopian News Agency reported.

Ethiopian Airlines has placed orders two Boeing 787-9s for delivery in 2017, according to its CEO.

Ethiopian President Mulatu Teshome said the country’s railway coverage will reach 5,000 km by 2025, Ethiopian News Agency reported.

Ethiopian Sugar Corporation announced Omo Kuraz I sugar factory found in southern region of Ethiopia will commence first phase of sugar production in February 2016.