Ethiopian Tourist Trading Enterprise (ETTE) is awarded by Privatization and Public Enterprises Supervising Agency (PPESA) as it secured the highest profit and forex in the previous Fiscal year, according to The Daily Monitor.
The Ethiopian Tourism Trading Enterprise (ETTE) is to construct new duty-free mall near Bole International Airport to expand its duty-free retail business, Capital reported.
Etur Textile, the Turkish textile manufacturer, is going to start exporting its products to Europe and America after its trial export to the two North African nations, Algeria and Morocco, went successful.
Ethiopian Ministry of Culture & Tourism secured a US$200,000 fund from the European Union to assist the establishment of the Ethiopian Tourism Enterprise and Tourism Transformation Council.
The financing will be used to hire consultants to study the design and organizational structure of the two entities, Fortune reported.
European Union (EU) and the US Power Africa Initiative on July 14, 2015, signed a Memorandum of Understanding (MoU) to back the endeavors to advance power generation and access to electricity in Sub-Saharan Africa, according to a press statement of the US Embassy in Ethiopia.
