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KEFI Minerals, London-listed mining company signed a contract with the Ethiopian government on Monday, April 13, 2015 to mine Gold and Silver in Ethiopia, Reuters UK reported.

Africa Oil, a Canadian Oil company with oil exploration projects in various parts of Ethiopia, disclosed it will withdraw from the Adigala block in eastern part of Ethiopia.

United Bank Share CompanyS.C received legal license from the National Bank of Ethiopia (NBE) to launch Agent Banking across Ethiopia, according to The Ethiopian Herald.

The road which was built to connect Dolobay and Dolado in Somali Region with Birr 405 million had started its operation, according to Ethiopian Road Authority (ERA).

Metals and Engineering Corporation (METEC) disclosed that it hopes to undertake forthcoming Ethiopian Mega Projects.

Fitch Ratings had rated Ethiopia’s credit and kept it at a “highly speculative” B expecting the government to meet its fiscal deficit target of 2.9 percent of gross domestic product in 2015, Bloomberg reported.

Ethiopian Airlines, the largest airline in Africa, is pleased to announce that it has won the Airline of the Year Award for the second time in a row at MICE Magazine’s 8th Annual Industry Golden Chair Awards held in Beijing, China on April 1, 2015. The annual Golden Chair Award is one of the most influential awards in China and ranks airlines, hotels, travel agencies and tourism destinations with the best performance.

Addis Ababa City Administration’s Land Development and Management Bureau had has temporarily halted receiving manufacturing industries’ land requests, according to Addis Fortune.

Ries Engineering S.C. (RESCO), which is thean importer and distributer of Ford vehicles and various machineries in Ethiopia,, had has launched its first Quick Lane Vehicle Tier and Auto Service Center in Bahir Dar, Amhara, at a cost of 60 million Birr.

Ethiopia’s inflation rate had risen to 8.5 percent in March from 8.2 percent in February, Central statistics Agency said on Monday, April 6, 2015.