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Rehab Commission, Addis Chamber Join Forces for DDR Project


Rehab Commission, Addis Chamber Join Forces for DDR Project

In a bid to garner support from the private sector for the disarmament, demobilisation and reintegration (DDR) project, the National Rehabilitation Commission (NRC) partnered with the Addis Abeba Chamber of Commerce & Sectoral Association (AACCSA) last week. The potential of the business community to contribute to peace and stability was underscored, during the panel discussion at the Inter-Luxury Hotel on Guinea Conakry (Tito) St. Mesenbet Shenkute, the president of Addis Chamber, expressed concern over the decline in international and domestic investment in Ethiopia amid bouts of conflict in different parts of the country. Political science fellow Yonas Ashine (PhD) presented a study highlighting the business community's inadvertent role in fueling conflicts. He emphasised the importance of an inclusive peace-building process, combining humanitarian intervention and reconciliation efforts. Shanko Delelegn, head of the commissioner secretariat, stressed the vital role of the business community in providing financial support for the DDR project, with a substantial financial requirement of 920 million dollars over the next three years. Funding is expected to be sourced from the government, donors, and private capital. He revealed that over 370,000 ex-combatants have agreed to enter the DDR program, with one branch already operational and providing services in Meqelle town, Tigray Regional State.

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Radar

Parliament Receives $237m Development Loan Package

The Council of Ministers forwarded two concessional loan agreements totalling 237.3 million dollars to Parliament for ratification, targeting rural infrastructure and food security. The package includes 46.3 million dollars from the African Development Bank (AfDB) for climate-resilient infrastructure in pastoralist regions. A second credit facility of 191 million dollars (146.1 million SDR) from the International Development Association (IDA) is earmarked for the sixth phase of the Productive Sa...


Radar

MoTRI to Overhaul Consumer Protection Rules Following Cabinet Approval of Trade Policy

The Council of Ministers, led by Prime Minister Abiy Ahmed (PhD), approved Ethiopia's first unified trade policy last week, ending a three-year deliberation period to fill a decades-long regulatory vacuum,. This institutional milestone mandates the Ministry of Trade & Regional Integration (MoTRI) to overhaul consumer protection frameworks, specifically requiring a rigorous revision of the Trade Competition and Consumer Protection Proclamation to eliminate market distortions and the prolifera...


Radar

Regional Power Exports Yield $366m as Capacity Hits 9.6GW

Ethiopian Electric Power (EEP) generated 365.99 million dollars from regional exports in the first nine months of the fiscal year as national capacity reached 9,579MW. The revenue followed the sale of 24,940GWh, representing 91pc of gross generation. Hydropower remains dominant, providing 9,500MW. To diversify assets and mitigate climate risks, the utility integrated the 100MW Asela Wind Power Project. The transmission network has expanded to 148,600km to secure domestic industrial supply and...