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Ethiopian Shipping Lines and Logistics Service Enterprise (ESLSE) is going to inaugurate new ships in Djibouti in the presence of leaders from Ethiopia and Djibouti on Saturday, May 17,2014.

Idan Ofer, Chairman of Israel Chemical Ltd (ICL) and Quantum pacific, made a two days visit to Ethiopia last week.

ICL, a leading manufacturer and supplier of potash and phosphate fertilizers, has recently bought 30 percent of Allan Potash. On the other hand Allan is a Canadian Company that is under preparation to mine potash in the Afar Regional State.

On Wednesday, May 14, 2014 President Mulatu Teshome urged investors from the United Arab Emirates (UAE) to invest in Ethiopia. He highlighted  his country’s conducive investment atmosphere and the prevailing peace and stability that they can utilize.

After Ethiopia received international credit rating, Sufian Ahmed, Minister for Finance and Economic Development, commented the nation is not yet decided whether it should follow other African countries and enter the international debt market, Reuters reported.

Amhara Credit and Saving Institution (ACSI) opened a new branch in Addis Ababa, Ethiopia. This branch is the second for ACSI in Addis Ababa.

Fincha Sugar Factory is undertaking expansion work to double it’s production capacity, Ethiopian News Agency reported.

Addis Credit and Saving Institution (ACSI) announced some 46 Million Birr loan has been provided to 169 Ethiopian women through the Women Entrepreneurship Development Project during the last four months.

International Civil Aviation Organization (ICAO) has made a request to Ethiopia to host the African Civil Aviation Training Organization's Headquarter, according to The Ethiopian Herald.

During the past nine months of the fiscal year 7,283 new cooperatives have been established, according to the Federal Cooperative Agency.

A Memorandum of Understanding (MoU) was signed on Tuesday, May 6, 2014 between representatives of four Chinese companies and Ministry of Industry (MoI) for the development of Special Economic Zones (SEZ) in Ethiopia.