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Ethiopia's state-owned Ethio Telecom said on Thursday it had selected Huawei Technologies Co Ltd, a Chinese telecom equipment manufacturer, to upgrade Addis Ababa's network infrastructure to a high-speed 4G network, Reuters reported.

The upgrade is part of a US$1.6 billion contract concluded in July and August between Ethio Telecom, Huawei and ZTE Corp., China's biggest telecom equipment makers, to expand mobile phone network throughout Ethiopia.

The second Camel milk processing company is to be constructed in Jigjiga Town, Ethiopia, according to Addis Fortune.

Our company Hybrid Designs is pleased to announce to have developed a software and launched a new SMS system which connects customers automatically with taxi drivers.

Ethiopian Airlines is pleased to announce that Ethiopian Aviation Academy, the largest and the most modern aviation academy in Africa, has been recognized as ICAO Regional Training Center of Excellence on May 11, 2016 at the ICAO’s Global Aviation Training and TRAINAIR PLUS symposium held at Conrad hotel in Seoul, Korea.

ICL, Israel-based agriculture, processed food and engineered materials markets oriented firm, has finalized its USD 137 million acquisition of Canadian explorer Allana Potash, according to Mining Weekly.