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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).

The Chairman and Co-founder of Circum Minerals Ltd. Stephen Dattles, unveils On May 6, 2015 "Circum has proven up a major world-class potash project in the Danakil Basin in Ethiopia. Given its location on the doorstep of the Asian Markets this discovery has the potential to dramatically change the dynamics of the potash industry and become a future source of significant supply of potash", PR Newswire reported.

Ahadukes Food Products, Biscuit and Pasta Factory which was built with the cost of 800 million Birr was inaugurated on May 5, 2015, Ethiopian News Agency (ENA).

MIDROC Ethiopia Technology Group unveiled its plan on May 7, 2015 to invest eight billion Birr on business expansion projects, according to Fana Broadcasting Corporate (FBC).

The administration of six public enterprises and the organizations’ labor unions signed Memorandum of Understanding (MoU) on May 6, 2015 for work place cooperation and safe working environment, Ethiopian News Agency reported.