In a recent announcement, Minister of Tourism Nasise Chali revealed that the existing hotel star ratings would be retired by September 2024. This move comes in response to Regulation No. 173/2010, which mandates hotels to undergo re-classification every three years.
The Ethiopian Ministry of Innovation and Technology announced that it began implementing the revised Science, Technology, and Innovation Policy. The policy which was revised with the main goals of homegrown 
economic reform, creation of job opportunities, foreign exchange earnings, and increasing national productivity got approval from the Council of Ministers this year.
The Ethiopian Ministry of Trade signed a memorandum of understanding with various federal sector offices that issue certificate of professional competence for business activities, Walta Information Center reported.
The MoU aims to ensure a coordinated working relation between the ministry and the 36 sectoral government institutions that issue professional competence certificates for commercial activities.
A memorandum of understanding (MoU) is signed between the Ethiopian Ministry of Water, Irrigation, and Electricity and Xylem, a leading U.S. company in developing and implementing innovative water solutions through smart technology.
Through this MOU, Xylem will explore how its unique set of skills and technologies can be used to help Ethiopia address its water challenges.
Ascom Mining, an international mining company exploring gold in Ethiopia, is going to get a license for a large scale gold mining from Ministry of Mines.
