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The Ethiopian Ministry of Trade announced that Ethiopia expects join the World Trade Organization (WTO) by 2015.

Lesanework Zerfu, Head of the Multilateral Trade Relations Department of the Ministry told journalists at a press conference that Ethiopia’s accession to WTO is expected to be finalized in the third quarter of 2015.

The Ethiopian Ministry of Urban Development and Construction has drafted an amendment to the contractors’ registration directive.

In the draft amendment registration criteria for contractors in all categories have changed based on the grade for which the contractor is applying. Add a comment Add a comment

A coffee plantation owned by the legendary Ethiopian long distance athlete Haile Gebreselassie has officially launched planting coffee on 1,500 hectare plantation located in Sheka zone, Souther Regional State.

The area where the plantation is located is said to have abundant rainfall and nutrient-rich soil, ideal conditions for growing coffee. Add a comment Add a comment

Representatives six Italian textile machinery manufacturing companies visited Ethiopia and held a discussion with Ethiopian businesses on Tuesday 02 July 2013 at the Addis Ababa Hilton Hotel.

“Ethiopia is a country with great prospects that is willing to invest in order to allow its textile sector to continually grow. The goal of this mission is, not just to present what our sector has to offer, but to develop a dialog with local authorities for a program of long term cooperation,” said Raffaella Carabelli, President of the Association of Italian Textile Machinery Manufacturers. Add a comment Add a comment

The Omo Kuraz sugar development project in Ethiopia has reportedly created jobs for  more than six thousand residents of the of the area, according to Nuredin Asaro, General Manager of Omo Kuraz sugar development project.

The project comprises the construction of five of the 10 sugar factories planned to be built across the country by the end of the Growth and Transformation Plan (GTP) period. Add a comment Add a comment

The Ethiopian Investment Agency announced 189 projects with over 10 billion Ethiopian Birr capital have gone operational in the past Ethiopian Fiscal Year.

Getahun Negash, from the Agency's Public Relations Directorate said the number of projects being operational is growing every year. Add a comment Add a comment

The Ethiopian Geological Survey is set to enhance the country’s geological mapping coverage to 80 percent by 2015. Tolossa Shagi Moti, State Minister of Mines,said at a stakeholders’ consultative meeting, held on 5 July 2013 at the Ghion Hotel, Addis Ababa, Ethiopia.

Under the five year Growth and Transformation Plan, the Ethiopian Geological Survey will increase the
coverages of gravity survey, hydro-geological mapping and engineering geology.

Guangdong Chuanhui Group, a private Chinese developer has announced plan to build  Africa’s tallest building by 2017 in Addis Ababa, Ethiopia.  The site for the Chuanhui International Tower, 99-story office-hotel tower, is around the Addis Ababa Exhibition Center. The developer says it has acquired the 41,000 sq meter lot and the building plans have been approved. Add a comment Add a comment

The Ethiopian House of Peoples Representatives has approved the US$300 million credit line credit extended from the Indian EXIM Bank in June for the construction of the Asaita-Tadjourah segment of the Mekelle-Tadjourah railway. Add a comment Add a comment

The Ethiopian National Standards Council has approved 1,097 standards for a range of sectors of the economy.

At a press conference held on June 28, the Ethiopian Standards Agency announced that out of the 1,097 standards approved, 268 are new standards, while 829 are revised versions of existing standards. Add a comment Add a comment