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The 6th ICT Exhibition, Bazaar and Conference opened on June 6, 2013 in Addis Ababa, Ethiopia. This year's theme of the event was “ICT for Sustainable Development”.

The exhibition and conference is organized aiming to increase the public’s awareness about ICT and its applications at grassroots level so as to accelerate growth, says Birhane Keleta, Director of the Directorate of Private Sector ICT Development with the Ethiopian Ministry of Communication and Information Technology (MoCIT). Add a comment Add a comment

The government of Netherlands is to assist Ethiopia to become competitive in the global sesame market by supporting ongoing efforts in Amhara and Tigray regional States.

The Dutch government has allocated 1.9 million Euros for implementation of projects in sesame growing areas of the regional states for the coming three years. Add a comment Add a comment

Ethiopia and Japan signed grant agreements amounting to 1.5 billion Ethiopian Birr  Monday, June 10, 2013, in Addis Ababa.

Ethiopia's Finance and Economic Development State Minister Ahmed Shide and Japanese Ambassador to Ethiopia, Hiroyuki Kishino signed the agreement. Add a comment Add a comment

The Turkish State Railways (TCDD) has agreed to assist Ethiopia in technology transfer, restructuring its railways system and to give training to its personnel.

Ethiopia has asked for assistance from TCDD via the Turkish Cooperation and Development Agency (TIKA) in order to reactivate its railways between the capital Addis Ababa and Djibouti, which has been stopped since 1997.

Ethiopian Roads Authority last week signed agreement with two Chinese construction companies to upgrade the Kombolcha-Bati road to asphalt concrete level. The 133 KM road project is estimated to cost the Authority close to 2.8 billion Ethiopian birr.

Construction of the road, which is scheduled to be completed in three years time will be fully financed with a fund secured from the World Bank. Add a comment Add a comment

The Ethiopian Ministry of Trade is to entrust its trade name registrations and licensing services to sub cities in Addis Ababa and regional states.

Previously businesses are required to approach the headquarters of the Ministry of Trade to get their trade names registered and obtain business license.

The Ethiopian Ministry of Urban Development and Construction had finalized a draft directive to make changes on the fixed rate pricing system currently applicable to all contractors working on government projects.

The directive will shorten the revision period of prices of construction materials and labor to three to six months, unlike the current practice where adjustments takes between nine month to a year and half. Add a comment Add a comment

The International Monetary Fund advised the Ethiopian government to to make more credit available to private businesses to boost employment and build on its economic gains.

While the country's government-led development model has improved lives and expanded the economy, public enterprises that are involved in building more houses, dams and factories are draining banks of loans, Ethiopia Representative Jan Mikkelsen told reporters in Addis Ababa.

The Ethio-Japan Investment forum was held on Monday in Tokyo, at the headquarters of the Japan External Trade Office (JETRO),following the conclusion of the TICAD V summit, according to the Ethiopian Ministry of Foreign Affairs.

Minister of Foreign Affairs Dr. Tedros Adhanom, in his address at the forum underscored the successful and strategic partnership between Ethiopia and Japan. However, he pointed out that the trade and investment relation between the two countries is unsatisfactory and invited investors to take opportunities in the country's dynamic growth.

Ethio-Finnish Trade and Business Forum, under the theme of “inclusive partnership for sustainable growth” organized by the Finnish Embassy takes place on 5 June 2013 in Addis Ababa, Ethiopia.

Finland’s Under-Secretary of State for Ministry of Foreign Affairs, Anne Sipilainen said that Africa has recently registered a sustained high growth rate. In particular, she noted the size of Ethiopia's, middle class is increasing. Add a comment Add a comment