Gafat Endowment to Invest 7 Billion birr in Ethiopia
Gafat Endowment has announced plans to invest 7 billion birr in Ethiopia to establish a paper and pulp project, Tana Paper and Pulp Factory S.C, in the Amhara Regional State
The project will also include a pulp wood farm for a variety of Eucalyptus trees especially adapted to produce pulp.

Ethiopia signed a deal with Djibouti for the construction of a gas pipeline from the Ogaden Basin in eastern Ethiopia to the port of Djibouti.
