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Ministry of Youth and Sports and the Chinese State Construction Engineering Corporation LTD (CSCEC) on January 5, 2016, have inked a deal for the construction of Addis Ababa National Stadium at a cost of 2.47 billion Birr.

An Automated Teller Machines (ATMs) assembly plant, which is built in Ethiopia at a cost of 50 million Birr, has begun trial production, according to Fana Broadcasting Corporate.

Tata International, the global trading and distribution arm of diversified Tata Group, plans to enter Ethiopian market in 2016, The Daily Monitor reported.

The government of Ethiopia has floated an international tender to buy 70,000 tons of milling wheat, according to European traders.

The Statistics Agency said on Monday, January 4, 2016, Ethiopia’s inflation rate unchanged at 10.0 percent year-on-year in December.

I.G. Entertainment Plc. in association with Wubshet Import & Export has organized an international exhibition for the first time in four European countries, Addis Fortune reported.

The Ministry of Construction (MoC) disclosed it has prepared a plan to modernize Ethiopia’s Construction sector in the GTP II period.

China’s POLY-GCL Petroleum Group Holdings Ltd has completed drilling two appraisal wells in southeast Ethiopia, according to a senior official.

The Chemical and Construction Input Industry Development Institute of Ethiopia announced its plans to secure USD 40 million from cement export in the GTP II period.

Radison Blu will open a second hotel in Ethiopia after negotiations with Sahle & Family Business Group, signing a management contract with Carlson Rezidor Group.