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Hungary plans to open embassy in Ethiopia within the next 18 months to strengthen relations, Hungarian Foreign Minister said.

Ethiopian government and World Health Organization (WHO) drafted a National Strategy and Plan of Action for Pharmaceutical sector to advance public access to medicines and draw industries in the sector for the coming ten years.

Tuskys, Kenya’s second-biggest supermarket chain plans to expand in to Ethiopia, according to Bloomberg.

Ethiopian Shipping and Logistics Service Enterprise (ESLSE) unveiled it has raised its port clearance capacity to 420 thousand tons of goods at a time.

Common Market for Eastern and Southern Africa (COMESA) prepared a five-year strategic plan for an Ethiopian Enterprise engaged in production and export of footwear, Ethiopian News Agency reported.

Ethiopia is to host the third Africa- Japan Business Investment Forum starting from 31st August to 2nd September, 2015, according to Ethiopian News Agency.

Ethiopia sold 606.5 GWH of energy to neighboring countries worth Birr 2.9 billion in the 10 months of 2014/15, even if it has planned to sell 685 GWH.

Ethiopian Energy Authority unveiled that it has formulated a framework helpful for reducing energy wastage in Ethiopia, Ethiopian News Agency reported.

Ethiopian Tourist Trading Enterprise (ETTE) is awarded by Privatization and Public Enterprises Supervising Agency (PPESA) as it secured the highest profit and forex in the previous Fiscal year, according to The Daily Monitor.

The second round exhibition of the year organized by Federal Micro and Small Enterprise Development Agency started on Monday June 1, 2015 to benefit Micro and Small Enterprises (MSES) secure respective place in the market.