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Wonji Shoa Sugar Factory started producing in its full capacity taking its daily production ot 7221 quintals.

Etur Textile, the Turkish textile manufacturer, is going to start exporting its products to Europe and America after its trial export to the two North African nations, Algeria and Morocco, went successful.

The federal legislative organ, House of Peoples Representatives (HPR), ratified two agreements the Ethiopian government concluded with International Development Associations (IDA) for the finance of productive safety net project and the regional pastoral livelihood resilience project. The finance agreements sum is USD 675 Million.

Ethiopia’s flag carrier is in talks with Rwandan and the Republic of Congo over purchasing stakes and also managing their carriers. This was disclosed by the Tewolde Gebremariam, Chief Executive Officer of Ethiopian Airlines Group, to Reuters.

The State of Oromia is conducting a study in the aim of setting up an autonomous organ that will carry out the tasks of industrial development. If the organ is established it means the current structure, Industry and Urban Development Bureau (IUDB), will no longer be in charge of industrial developments.

The Turkish President, Recep Tayyip Erdogan, is going to make an official visit to Ethiopia later this month.

The US based Life Fitness launched its own fitness center on Friday, January 9, 2014 around CMC area.

Documents Authentication and Registration Office (DARO) opened a new branch in the capital city around CMC area. The branch is the 11th branch for the office and the 10th for the capital city.

Development Bank of Ethiopia (DBE) appointed two new vice presidents and got the approval from the National Bank of Ethiopia (NBE).

Ministry of Mines (MoM) disclosed it is not going to issue mineral exploration license in the South western part of Ethiopia, despite the area is known for its mineral deposits.