2merkato

Global Alliance for Improved Nutrition (GAIN) provided three salt producing areas in Ethiopia salt iodizing machines.

Ethiopia’s Ministry of Industry (MoI) is going to set the price for cotton following the pointing fingers from and to cotton producers and textile factories.

Ethiopia and Djibouti concluded an agreement giving a green light for the construction of an oil pipeline that stretches across the two countries. The pipeline is going to be managed by the US based African infrastructure development company Black Rhino.

Ethiopia’s Ministry of Water, Irrigation and Energy disclosed Tendaho irrigation development and dam project is 93 percent of completed.

The expansion work Ethiopia is undertaking on the Bole International Airport (BIA) is expected to be completed by 2018. Upon commencing giving service it is expected to triple the number of passengers the airport handles every year.

Ethiopia’s flag carrier, Ethiopian Airlines, disclosed it has completed preparations to launch a double daily flight to Mumbai Chhatrapati Shivaji International Airport.

The two East African countries, Ethiopia and Djibouti concluded an agreement to establish a joint committee that will enhance port and custom and customs service. The aim is to quicken transportation of commodities to Ethiopia.

Ethiopian Investment Commission (EInC) announced more than 200 new and 53 expansion projects with has 21 billion Birr registered capital were licensed in the past six months of Ethiopia’s fiscal year.

One of the nine states of Ethiopia, Tigray, has set aside 12,000 hectares of land for industrial zones. This was disclosed by the State’s Urban Development, Construction and Industry Bureau.

A feasibility study, carried out on behalf of Yara International confirms significant potential to extract potash in the Danakil depression in northeastern Ethiopia.