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The government of Ethiopia and the World Bank (WB) Thursday signed a US$110 million loan agreement to support the third phase of the Pastoral Community Development Project, The Ethiopian Herald reported.

The fourth Traditional Artisan Miners Forum is scheduled to be held in Mizan-Aman town, January 23-27, 2014, according to the Ethiopian Press Agency.

Ethiopia's National Standardization Council has approved new, revised and re-affirmed standards at its 11th Regular Meeting on Wednesday, The Ethiopian Herald reported.

A delegation of Italian business persons held talks with Ethiopian counterparts here last Wednesday, according to The Ethiopian Herald reported.

Hawassa City earned over 48 million birr revenue from tourists who visited attraction in the city in the past six months, The Ethiopian Herald reported.

The First National Model Micro and Small Enterprises Exhibition and Bazaar was opened yesterday in Addis Ababa, Ethiopia, The Ethiopian Herald reported.

The International Astronomical Union (IAU) is to open its East Africa regional office in Addis Ababa, Ethiopia, Fortune reported.

Berhan Insurance S.C has reported a net annual profit of 2.18 million birr.

The Company has earned an underwriting surplus of 10.58 million birr, an increase of 301 percent when compared to a year earlier. It also earned 1.81 million Br in investment income – an increase of 308 percent.

The Ethiopian House of Peoples' Representatives has approved the appointment of Tolessa Shagi to head the Ministry of Mines on January 9, 2014, Fortune reported.

The Addis Abeba Investment Agency (AAIA) is inviting local investors in the manufacturing sector to move into 330ha industrial zones it has prepared in Nefas Silk Lafto and Akaki Kaliti districts, Fortune reported.