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Southwest Energy is in the process of negotiations with the Ministry of Mines, Ethiopia to reach to a production sharing agreement for the exploration area around Jimma.

The company has been in the process of carrying out a petroleum study on the Jimma concession in collaboration with the Ministry of Mines said Tewdros Ashenafi, Chairman and Chief Executive of Southwest Energy.

Southwest has agreed to take over the Jimma block pending some things that need to be finalized with the ministry he explained.

Ethiopia's newest Southwest region's coffee and tea authority announced that it has presented over 39,000 tons of coffee to the central market. The region aims to present 61,864 tons of coffee during the Ethiopian fiscal year that started on July 8, 2021.

Southwest Technologies and its partners announced on Tuesday, May 3, 2014 they are ready to launch a data center in Ethiopia. The data center is expected to make Ethiopia the IT hub for Central Africa, according to The Reporter.

Sri Lanka is going to establish a diplomatic mission in Ethiopia’s capital Addis Ababa where African Union (AU) is sited.

Dutch company Stahl Africa has launched the first ever skin products chemical laboratory in Ethiopia. The laboratory was established in Addis Ababa at a total cost of 5 thousand Euros and is expected to offer testing for different types of animal skins and hides.

The laboratory will be a part of efforts to ensure the quality of Ethiopian leather products to enable them to become more competitive on the international market said Sisay Gemetchu, State Minister for Industry.

The laboratory will help share the well developed Dutch expertise in the sector with the Ethiopian leather industry to help support the growing field said Hans Blankenberg, Ambassador of the Netherlands in Ethiopia.