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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.

The governments of Ethiopia and Poland Tuesday signed an agreement providing for US$ 50 million to promote agricultural modernization, the Ethiopian Herald reported.

Ethiopian Airlines, the fastest growing and most profitable airline in Africa, is pleased to announce that it has finalized preparations to start four weekly flights to Vienna, Austria starting 2 June 2014.

The Ethiopian Revenues & Customs Authority (ERCA) extended the deadline for companies to report and submit supporting documents for ploughed back profits up to March 28, 2014, Fortune reported.

The United States Agency for International Development (USAID) has awarded a total grant of US$ 660,621 to seven Ethiopian enterprises operating in the livestock sector, Fortune reported.