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ZTE, the Chinese telecom, and Hidassie, an Ethiopian firm, concluded an agreement to import and assemble ZTE smartphones here in Ethiopia.

Diageo’s Meta Abo Brewery disclosed it is on the final stages of its U.S. $ 1 Billion expansion work that will enable it in a few months time to double its production.

Tullow Oil, the British oil company exploring for oil in the South Omo basin, decided to move its staff as well as equipments out of Ethiopia.

A data released by Ethiopian Central Statistics Agency (CSA) revealed the nation’s year-on-year inflation rate fell to 5.6 percent in September from 7.2 percent in August. This is said to be due to a slower sdrise in food and other prices.

The Tenth eLearning Africa Conference has been decided to be held in Ethiopia’s capital, Addis Ababa, from May 20 – 22, 2015. The announcement was made by Rebecca Stromeyer, CEO of ICWE GmbH and Founder of eLearning Africa, and Dr Debretsion Gebremichael, with the rank of Deputy Prime Minister and Minister of Communication and Information Technology of Ethiopia.

An exhibition that covers five industrial areas and features 83 international companies is going to be opened in Ethiopia on Thursday, October 16, 2014.

Ethiopia and Philippines concluded an agreement to allow their respective flag carriers to mount flights between one another.

Ethio-Djibouti railroad’s construction is announced, by the Minister for Transport Workneh Gebeyehu, to have reached 50 percent completion on both sides of the border.

Bombardier Transport concluded a contract with Yapi Merkezi, the Turkish construction company working on design and construction of Ethiopia’s 400 Kilometers Awash-Weldia line, to supply the mainline signalling solution for the project. The agreement concluded between the two is worth approximately U.S. $ 45 Million.

According to a research that came out on Tuesday, October 07, 2014 revealed Ethiopia has the potential to earn U.S. $ 5 Billion every year from the mining sector.