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Ethiopia’s largest hydro power plant, Gibe III, is going to start electricity production in the second half of this year, if annual rain sufficiently fills its reservoir, Water and Energy Minister, Alemayehu Tegenu said.

Ethiopian Airlines, Africa’s biggest airline, has inaugurated its brand new ultra modern Boeing 787 simulator, according to Fana Broadcasting Corporate.

The inauguration took place side by side with the 24th African Aviation Conference that was launched here in Addis Ababa yesterday.

Fincha Sugar Factory, one of Ethiopia’s sugar manufacturers, has started production again on Tuesday, March 17, 2015 after a fire that broke out damaged some of its machines. The machines damaged at one of the factory’s sections are now repaired.

Ethiopia’s state owned wholesale enterprise, ALLE, disclosed it is set to open five additional stores in April.

National Oil Ethiopia (NOC) disclosed it plans to build refinery in a decade in order to meet the growing demand for refined products in the region whose economy is growing fast. The refinery is expected to cost 5 billion USD.

Yekatit Paper Convertinig PLC is barred from selling its product to the Public Procurement Property Disposal service (PPPDS) on grounds of low quality product and delayed supply.

Ethiopia’s capital Addis Ababa got a new three star hotel, Southern Addis Hotel. The hotel was inaugurated on Tuesday, March 10, 2015.

New milk and yogurt brand dubbed Selale Diary Cooperative Union (SDCU) has debuted to Ethiopia’s market after building a new factory at an outlay of 28 million Birr.

The 24th annual African Aviation Conference is going to be held in Ethiopia’s capital, Addis Ababa, for two days starting from Tuesday, March 17, 2015.

Addis Ababa City Roads Authority (AACRA) concluded construction agreement with five different companies for the construction of new roads in Ethiopia’s capital, Addis Ababa. The roads are aimed at connecting residential condominium houses with the main road.