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A report released by Ministry of Industry (MoI) on Tuesday, April 29, 2014 revealed Ethiopia has failed to meet its export revenue target for the manufacturing industry, Fortune reported.

The American PVH Corporation, a clothing company, is to consult with the Ethiopian government as well as investment consultants on the opportunities in Ethiopia, according to a press conference held on Monday, April 28, 2014.

Ethio Telecom has finalized the second phase of the Addis Ababa mobile network expansion project, Fortune reported. This is expected to bring the call success rate to 98 percent.

The Ethiopia's Adami Tulu Pesticide Processing S.C. has announced that it is expanding its factory to produce Dichlorophenoxy Acetic Acid (2,4-D), The Ethiopian Herald reported. This chemical is a common systemic pesticide that is manufactured to control broad leaf weeds.

An award ceremony was held by Horn of Africa Regional Environment Center and Network (HoA-REC&N) in Ethiopia for the “park architecture and landscape design completion” of the Koshe area rehabilitation project. The project is a joint project between the Addis Ababa City Administration and HOA-REC&N.

the World Bank’s Board of Executives has approved a US$380 Million loan to Ethiopia. The loan will be used for improving the capacity and performance of local urban governments to expand sustainable urban infrastructure and services in cities across the nation, according to a press release on the Bank's website.

Sheba Investment PLC., a Yemeni company, has made a request to acquire an additional 48 percent share of  the Ethiopia's National Tobacco Enterprise S.C., according to Fortune.

Ethiopia’s first ever sovereign credit rating will be due in two weeks time, Finance and Economic Development Minister Sufian Ahmed told Reuters. He added this will pave way for the country to international bond markets.

Ethiopia’s first of its kind expressway, Addis-Adama Expressway, was inaugurated on Monday, May 5, 2014 in the presence of the Chinese Prime Minister Li Keqiang and Ethiopia's Prime Minister Haile Mariam. The Expressway was built at a cost of 11.2 Billion Birr, The Ethiopian Herald reported.

The Ethiopian Ministry of Mines has issued a new directive that restricts the size of land that can be acquired by artisanal miners or small scale producers to five square kilometers, according to The Reporter.