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Ethiopia is projected to be the third largest economy in the Sub-Saharan Africa by 2017, says Ernst and Young’s (EY) study titled “Investing in Ethiopia”.

The Cooperative Bank of Oromia is set to launch interest free banking services, Addis Fortune reported.

Five Addis Ababa Taxi Associations formed a transport to provide city bus service on the main routes of the city, according to Capital.

Ethiopia seeks to strengthen its economic ties with Belgium, Ethiopian President Mulatu Teshome said while discussing with the departing Belgian Ambassador to Ethiopia, Hughes Chantry on July 20, 2015.

Addis Ababa is staging meat shortage since last week because of the additional tax levy and the decline by butcheries to buy oxen from informal traders, Capital reported.

Kifiya Financial Technology PLC, provider of ‘Lehulu’ billing system in Addis Ababa, Ethiopia, has received the second place award at the Zambezi Prize, held at the Fairview Hotel in Nairobi, Kenya.

Ethiopia and the European Union (EU) signed two financial agreements on July 17, 2015, worth 190 million Euros for the support of Ethiopia’s road sector and safety net programs, the Ethiopian News Agency reported.

European Investment Bank (EIB) opened its representative office on Thursday, July 16, 2015, in Ethiopia, the Reuters reported.

Iceland government is willing to support investors from Iceland to involve in the development of geothermal energy in Ethiopia, said Minister of Foreign Affairs of Iceland.

Ethiopia’s Deputy Prime Minister Demeke Mekonnen on Tuesday, July, 14, 2015, launched 10-year strategy and plan of action to develop local pharmaceutical manufacturing capacity.