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Ambo Gnemer announced plans to carry out gold exploration in Oromia Regional State, Ethiopia. The company is set to invest in cement manufacturing, vegetable and fruits, animal husbandry and sugar development as well as gold exploration.

Ambo Gnemer will carry out its exploration on 21,000 hectares of land outside of Ambo in Oromia Regional State according to Nigussie Gedefa, Marketing and Project Office Coordinator.

The company has high hopes for the gold exploration site as local miners are actively producing precious minerals in the area where Ambo Gnemer expects to be producing gold said Nigussie.

Ethiopia's Seka Agro Processing PLC. is planning to establish a juice processing plant in Bench Maji Zone, Southern Regional State of Ethiopia, Fortune reported.

The plant will be constructed on a four hectare plot, located 2km away from the company’s mango farm. Seka has already ordered processing machinery from Germany and Italy.

The Twins PLC, an Ethiopian Company announced plan to establish a paper products factory with 60 million birr capital. The Company's Managing Director, Lemma Habtemariam told ENA that the factory will create jobs for a number of citizens. The Company, established three years ago with 10 million Birr capital, has created jobs for some 40 citizens at present.

Dream Light Solid Waste Management plc, Ethiopia received the World Business and Development Award, 2012 announced a joint press release by the United Nations Development Program and the Ethiopian Ministry of Finance and Economic Development.

The 2012 World Business Development Award was given to eleven companies from Brazil, China, Ghana, Denmark, India, Kenya, the United Kingdom and the United States in the categories of small and medium sized enterprises and large organizations.

The winning companies were recognized at a ceremony held to conclude the Business Action for Sustainable Development Business Day that took place as part of the UN Conference on Sustainable Development- Rio+20.

Ethiopian Airlines conducted an “All-Women” flight on its Addis Ababa – Stockholm – Oslo route to commemorate International Women’s Day (IWD). The flight, Ethiopian announced, has been operated by female professionals in the sky as well as on the ground. This included airport operations, flight dispatch, load control, ramp operation, on-board logistics, safety and security, catering as well as air-traffic control, all carried out by women alone.