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Ethiopian delegation discussed with members of Moroccan business community on Monday May 11, 2015 in Rabat, Morocco after bilateral talks between the respective Foreign and Finance and Economic Development Ministers, according to Ministry of Foreign Affairs (MoFA).

Prime Minister of Ethiopia Hailemariam Desalegn and Muktar Kedir, Oromia Regional State President laid the cornerstone for the construction of a 7 billion Birr industrial complex undertaken by Repi Wilmar Industrial S.C, the joint venture of Ethiopian Repi Soap and Detergent S.C and Singaporean Wilmar International Ltd on Sunday, May 10, 2015 at Sebeta town of Oromia Regional State.

Ethiopian Airlines, the largest airline in Africa, is pleased to announce that it has started serving Sao Paulo, a city in the fifth continent in its route network, with a non-stop flight from Addis Ababa since April 25, 2015.

Commercial Bank of Ethiopia (CBE) has awarded Birr 16.4 million bid for the supply of 2,000 Point of Sale (POS) terminals to IT vendor SS Communications, according to Addis Fortune.

Ministry of Mines (MoM) has extended its first mining survey license for Kaolin to China Communications Constructions Company Ltd (CCCC), Addis Fortune reported.

Ethiopian Commodity Exchange (ECX) has transferred the 17th membership seat for Birr 1.6 million on an auction held on May 7, 2015, Addis Fortune reported.

Chinese company, Shaoxing Li Enterprise, is to inaugurate a woven polypropylene bag factory in May, 2015, according to Addis Fortune.

Ethiopia Commodity Exchange intends to expand the range of crops it trades and wishes to introduce stocks and bonds in its five year expansion plan, Chief Executive Officer Ermias Eshetu said.

Ethiopian Insurance companies allotted a combined investment capital of 660 million Birr to form an Ethiopian-owned reinsurance company, according to The Reporter.

Experts convened on May 8, 2015 in Addis Ababa, Ethiopia to do the ground work for Continental Free Trade Area (CFTA), Ethiopian News Agency reported (ENA).