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The Ethiopian Wildlife Conservation Authority is seeking funds to develop the attractions at the Semein Mountain National Park.
The funds will be used to enhance the security of the park, to widen its boundary and to address recognized threats from humans and domesticated animals according to Ewentu Bilata, Director General of the EWCA.

Five hundred households encroaching on the territory of the park would be resettled elsewhere with additional funds he said.
The authority expects to hold a consultative forum with potential donors including international embassies located in Addis Ababa said Ewentu.

14 giant car and machinery exclusive agents to Ethiopia formed an association to voice common interests of the rivaling companies

An exhibition that covers five industrial areas and features 83 international companies is going to be opened in Ethiopia on Thursday, October 16, 2014.

Ethiopia will receive 120 million USD loan from Export-Import (EXIM) Bank of China for the expansion project of Addis Ababa Bole International Airport passenger terminal.

The government of Ethiopia has reached an agreement with the Export-Import Bank of India (Exim) for a 91 million dollar loan to fund exports and consultancy services for the development of the country's sugar industry.

The loan went in to effect as of 21 May 2011 and the agreement was executed as of February 18, a statement from the Reserve Bank revealed.

The agreement concluded on 18 February 2011 is for funding eligible goods and services, including consultancy services, machinery and equipment from India for the purpose of financing the development of the sugar industry in Ethiopia.

About 75 percent of the goods and services, including consultancy services, from the credit provided under the agreement, have to be sourced from India according to the press release.

Source: Economic Times