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Ethiopia expects to increase its Eurobond up to USD 2 billion via a ten-year Eurobond by the end of this year, Elias Loha, senior National Bank advisor said on October 21, 2015.

Ethio Telecom announced it has received the “International Europe Award for Quality” of 2015 award in recognition to its commitment to the Quality of Business Management.

Addis Ababa Chamber of Commerce and Sectoral Associations (AACCSA) and Thailand Board of Investment held a business-to-business forum on October 20, 2015, according to Ethiopian News Agency.

Addis Ababa City Roads Authority said it plans to increase the city’s road coverage up to 22 percent in this budget year, Ethiopian News Agency reported.

Indian-based horticulture company, Fontana Flowers PLC is to begin horticulture farm operation in Ethiopia with USD 11 million investment cost, Addis Fortune reported.

Ethiopia’s Omo Kuraz Sugar Factory II is planned to go operational by 2017, according to the report of Walta Information Center (WIC).

Kefi Minerals has awarded Ausdrill, subsidiary of African Mining Services (AMS) to undertake all pre-mining earthworks and open pit mining at its Tulu Kapi gold mining project, Mining weekly reported.

The Ethiopian Employers’ Federation (EEF) awarded an Honorable Certificate & Trophy to Ethiopian Airlines in recognition of its success in creating conductive employment relationship between its management and staff as well as its support for the Federation and the country’s development goals.

Ethiopian Airlines, the leading, fast growing and the largest cargo operatorin Africa, is pleased to announce that it has won “The Rising Star Carrier of the Year Award” on Payload Asia Awards 2015 on a gala dinner attended by more than 250 members of the air cargo fraternity from around the globe on October 15, 2015 at Crowne Plaza Changi Airport, Singapore.

Ethiopian Sugar Corporation said Kessem Sugar Factory is to start regular sugar production by next week.