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The Ethiopian government officially inaugurated the Tourism Transformation Council and the Ethiopian Tourism Organization, entities established under the Council of Ministers Regulation No. 294/2013.

Tesco, the world's third-largest retailer, is looking to source ethically produced clothes from Ethiopia, Reuters reported.

Reykjavik Geothermal, the Icelandic geothermal development company, plans to launch drilling on its US$ 2 billion project in Ethiopia by July, Chief Operating Officer Gunnar Orn Gunnarsson said.

Unilever (UNA), the world’s second-biggest consumer-products manufacturer, plans to open a manufacturing plant in Ethiopia during the next year, Bloomberg reported citing a company official.

Ethiopia and Kenya last Monday received US$ five million grant from the Geothermal Risk Mitigation Facility for Eastern Africa to develop geothermal energy, the Ministry of Foreign Affair said.

The Ethiopian Roads Authority signed a contract with HAWK International Finance and Construction Co.LTD and China Railway No.3 Engineering Group Co. Ltd. for the construction of Gedo-Fincha-Lemlem Bereha and Sanja-Keraker road projects, The Ethiopian Herald reported.

Israeli companies engaged in the agriculture, crop production, animal husbandry, greenhouse, poultry, dairy and others sectors held a business-to-business meeting here in Addis Ababa on March 7, according to The Reporter.

BDO, the world’s fifth largest auditing and accounting firm, opens its office in Addis Ababa, Ethiopia in partnership with Next Consult P.L.C., a local consultancy firm, according to The Reporter.

Construction of two road projects linking the Addis Ababa-Adama expressway with Addis Ababa city in two directions was launched, the Ethiopian Roads Authority said.

Ethiopia obtained US$ 80 million revenue from leather and leather products export during the first half of the current budget year, the Leather Industry Development Institute (LIDI) said.