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The second route of Addis Ababa Light Rail system, stretching from Hayat Square-Megenagna-Torhailoch is about to begin operation by the end of October.

An international trade fair on plastic petrochemicals, publication, packaging, pulp industry and technology which is organized by Shareks Trade and Event in association with the Ministry Trade and the Ethiopian Investment Commission is to be held from October 29 to November 1, 2015.

Ethiopian Airlines, the leading, fast growing and most profitable African Airline, is pleased to announce that it has started new services to Yaoundé, Nsimalen International Airport on October 25, 2015.

Kanoria Africa Textiles, a sister company to Kanoria Chemicals & Industries Ltd, has set up an integrated Denim fabric manufacturing plant in Bishoftu, Ethiopia.

Ethiopia has announced that it has denied the news on government’s plan to raise its Eurobond to USD 2 billion through a 10-year Eurobond by the end of 2015, The Daily Monitor reported.

The third India-Africa Forum is to be held in New Delhi from October 26 to 29, 2015, after a year from its original plan as a result of the outbreak Ebola virus in West Africa, according to the Indian Embassy to Ethiopia.

Ethiopian Prime Minister Hailemariam Desalegn held a discussion with King Salman Bin Abdulaziz Al Saud of Saudi Arabia in Riyadh on matters related to mutual cooperation of both countries, Ethiopian News Agency reported.

Ethiopia and the World Bank (WB) had signed two loan agreements on October 22, 2015, worth USDs 600 and 5.1 million, according to Ethiopian News Agency.

PRESS RELEASE

Ebiz Online Solutions PLC has announced today that it has concluded a content licensing agreement with Ethiopian Press Agency which allows Ebiz Online Solutions PLC to re-publish procurement and contract awards notices on its website, 2merkato.com.

Ethiopia has held a Consultation Forum with developmental partners on the Second Growth and Transformation Plan (GTP II) this week at the United Nations Economic Commission for Africa, The Daily Monitor reported.