2merkato

The Ministry of Culture and Tourism (MoCT) disclosed on November 06, 2015, the classification of 68 hotels in Addis Ababa, according to Fana Broadcasting Corporate.

Japan is willing to assist the undergoing geothermal development in Ethiopia, Japan International Cooperation Agency (JICA) stated.

Ethiopia has renewed its flight agreements with seven countries, Ethiopian News Agency reported.

Ethiopian Airports Enterprise (EAE) announced it will build a cold storage that can preserve more than 150 tons of products in Dire Dawa International Airport.

Total Ethiopia launches the Challenge « Startupper of the year by Total ». Initiated by the Total Group in 34 African countries simultaneously, this contest aims at identifying, rewarding and accompanying the best projects in enterprise creation or development (less than 2-year old) in Ethiopia. The winning projects will be granted the « Startupper of the year 2016 by Total » label, with a financial support and a coaching from Total Ethiopia.

The Ethiopian government announced plans to generate USD 2.3 billion revenue from the export of textile products in GTP II period, according to the Daily Monitor.

PRESS RELEASE

WASHINGTON, October 29, 2015 – A new World Bank Group report finds that, compared to other economies in Sub-Saharan Africa, Ethiopia offers an enabling regulatory environment in several areas of doing business.

The first Ethio-Netherlands Business Event launched on November 5, 2015, in Rijswijk, the Netherlands, Fana Broadcasting Corporate reported.

Ethiopia and the Republic of Korea have signed Memorandum of Understanding (MoU) for a cooperation framework on urban development and the housing sector, according to Ministry of Foreign Affairs of Ethiopia.

Ethiopian Energy Authority has denied the news on government’s plan to increase electricity tariff, according to Ethiopian News Agency (ENA).