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Ethiopian Postal Services Enterprise and DHL Ethiopia signed a Memorandum of Understanding to jointly use delivery networks, Fortune reported.

The MoU was singed at Capital Hotel & Spa on October 9, 2013. Essete Gabriel, country manger of DHL Ethiopia and Gidey Gebretohannes of Ethiopian Postal Services signed the agreement.

The National Bank of Ethiopia issued an amended directive raising the maximum amount of foreign exchange cash overseas travelers can obtain from authorized foreign exchange dealers, Fortune reported.

The amended foreign exchange directive become become effective as of as of October 4, 2013.

The Western Union® Company (NYSE:WU), a leader in money transfer and global payment services, is hosting the first ever network convention for its Agents in Ethiopia to be held at the United Nations Economic Commission for Africa Conference Centeron Saturday, October 12, 2013.

The convention will see over 340 participants from across Ethiopia attending the event, from senior level to front desk officers, coming together to share Western Union operational and security best practices. Some of the major points to be highlighted include customer service excellence in Ethiopia, raising awareness on compliance related best practices and excellence across service areas. The convention will facilitate systems and process education for Western Union agents in Ethiopia. This in-turn will provide consumers with even more improved and efficient service.

Ethiopian Airlines and Boeing [NYSE: BA] today announced an agreement to double wire harness production at Ethiopian Airlines’ Wire Harness Facility.

The Wire Harness Facility, based in the Ethiopian capital Addis Ababa, opened in 2009 and currently supplies seat-to-seat wire harnesses for all Boeing commercial airplane programs. Following today’s announcement Boeing and Ethiopian Airlines will place additional work at the facility, which will double its output by the end of 2014. With support from Boeing, Ethiopian will manufacture more varied and complex wire harnesses, expanding its value as an aerospace supplier.

Allana Potash Corp. (TSX: AAA)(OTCQX: ALLRF) ("Allana" or the "Company") is pleased to announce the issue of its Mining Licence for the Danakhil Potash Project (the "Project") by the Ethiopian Ministry of Mines, after receiving approval of the Ethiopian Council of Ministers.

"Allana is proud to have achieved this major milestone in the development of the Project and very much appreciates the extensive work done by Ethiopian government staff and Allana's consultants and employees in reaching this goal", said Allana President and CEO, Farhad Abasov, further noting that, "Allana is now positioned as one of the leading mining companies in Ethiopia and is committed to working with the Ethiopian government, our communities, investors, lenders and contractors to deliver on the significant potential of Ethiopia's potash resources."

Sidel, the international supplier of liquid packaging solutions to the drinks industry, has won another contract with Moha Soft Drinks industry S.C., operating in the Federal Democratic Republic of Ethiopia. The turnkey project involves installing the entire production line for Moha’s new Greenfield site in one of Ethiopia's principal economic and educational centres in the north of the country.

The plant at Mekele, the capital city of the Regional Government of Tigraye, is continuing the success achieved by Moha at its other plants. The new plant, sited around 780 kilometres north of the capital Addis Ababa, is where the Pepsi bottler aims to meet the rising demand with the new Sidel line for carbonated soft drinks (CSD) and water. Previously, supply to the region had necessitated the trucking of products from Addis Ababa. The new line will be mostly producing carbonated soft drinks at a rate of 36,000 returnable glass bottles (RGB) per hour.

An Ethiopian business delegation is attending a business forum organized by the American Corporate Council, in the United States.

The delegation consists of a number of both private companies and public enterprises and government officials.

Ethiopia's Metal and Engineering Corporation (MetEC) is planning to sell the two vessels, ‘Abay Wonz’ and ‘Abyot’, it acquired last year from the Ethiopian Shipping and Logistics Service Enterprise (ESLSE).

Initially, MetEC planned to use the ships to transport its own cargo before using them as scrap metal, however, the corporation changed its plans after experts confirmed that the vessels are still operable, Brigadier General Kinfe Dagnew, Director General of MetEC, told Capital.

Government e-service portals developed by Africom Technologies PLC will be submitted the Ethiopian Ministry of Communications & Information Technology (MoCIT), according to Fortune.

The Ministry awarded the project for the development of 88 e-service portals to Africom in May 2013 for 1.95 million Ethiopian birr.

Ethiopian Airlines, the fastest growing airline in Africa, is pleased to announce the start of four weekly services to Niamey, the Republic of Niger, as of 20 November 2013. These new flights will operate with Ethiopian’s Boeing 757-200 aircraft with 16 seats in Ethiopian’s Cloud Nine business class and 151 seats in economy class.

This new routing further solidifies Ethiopian's presence in Africa. Niger becomes the 47th Ethiopian destination in Africa. With its partner ASKY in West Africa, Ethiopian has service to 34 countries in Africa. No airline connects Africa to the world, as does Ethiopian.