2merkato

Ethiopia’s capital city Addis Ababa is going to host African Hotel Investment Forum 2015 for the second time. The event is going to be held two days, from September 30, 2015 to October 1, 2015.

Ethiopia’s Central Statistics Agency (CSA) disclosed the nation’s inflation rate has rose from 7.1 percent to 7.7 percent year-on-year in the month of January when compared to month previous year.

The central bank of Ethiopia, National Bank of Ethiopia (NBE), approved the candidate for the chairman position of Abyssinia Bank’s board.

Boston Partners Plc, owner of Kuriftu Resorts, is set to construct new resort outside of Ethiopia, Djibouti. The resort is going to be built on Musha Iseland, a small island off the coast of Djibouti.

Ethiopia’s population will approach 90 million in the current Ethiopian year, Central Statistics Agency (CSA) revealed.

Ascom Mining, an international mining company exploring gold in Ethiopia, is going to get a license for a large scale gold mining from Ministry of Mines.

Mamo Kacha is going to develop two hotels in Ethiopia after joining hands with the UK based Collier International and the hotels will be rated 4.5 to five stars.

The prohibition on US carriers and commercial operators not to fly on some parts of Ethiopia has been lifted by the United States Federal Aviation Authority (FAA).

Central Statistics Agency (CSA) disclosed Ethiopia’s population has reached 87.9 million.

Ethiopia is going to build 11 new universities in the next growth and transformation plan period, aka GTP II, which is set to start in the coming fiscal year. The announcement was made by the Ministry of Education.