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The government of Ethiopia and France on Thursday signed two loan agreements amounting to 70 million Euros to support construction of high-voltage transmission lines and sanitary landfill, Ethiopian News Agency reported.

The Ethiopian Airports Enterprise is planning an expansion project of the Addis Ababa Bole International Airport passengers’ terminal at a cost of US$250 million, according to The Reporter.

Tewodros Dawit, CEO of the Ethiopian Airports Enterprise, told The Reporter that the expansion project is part of the Airlines' Vision 2025 development strategy.

Ethiopian Airlines, the fastest growing and most profitable airline in Africa, is pleased to announce the signing of a technical support agreement with fellow sisterly African airline, Rwandair on 18 December 2013 in Addis Ababa.

Ethiopia has picked Lazard Ltd, French investment bank and asset management firm to procure credit rating companies for its debut sovereign Eurobond, Reuters reported today.

Ethiopian Roads Authority (ERA) today signed a 1.5 bln birr contract with China First Highway Engineering Co. Ltd (CFHEC) for the Dessie-Kutaber-Tenta road upgrade project, Walta Information Center (WIC) reported.

The 67.5 km long ten meters wide asphalt road upgrading project will link South Wello Zone to North Wello in the Amhara Regional State.

Tsehay Real Estate Plc launched construction of the US$ 200 million International Center, at Yeka Sub City, Addis Ababa, Capital reported.

The Ethiopian Electric Power Corporation (EEPCo) is divided into two separate entities, the Ethiopian Electric Power and Ethiopian Electric Service, Ethiopian Press Agency reported. The corporation's power supply and electricity delivery services will be divided between the two new companies.

Ethiopia's Agriculture, Investment and Land Administration Agency availed 3.6 million hectares arable land to investors in the agriculture sector, Ethiopian News Agency reported.

Ethiopia earned US$ 165 million revenue from the manufacturing sector over the past five months, the Ministry of Industry said.

Corporate Communications Director with the Ministry, Melaku Taye told Ethiopian News Agency (ENA) on Monday, that earning from the sector has shown a 22 percent growth compared to a year earlier.

The Gilgel Gibe III hydro-power project will commence operation at the beginning of the coming Ethiopian New Year, the Ministry of Water, Irrigation and Energy said.