Blinken Puts Ethiopia on Notice for Reinstatement to AGOA


Blinken Puts Ethiopia on Notice for Reinstatement to AGOA

US Secretary of State Antony Blinken underscored the need for Ethiopia's leaders to meet clear benchmarks in order to be reinstated to AGOA and expressed his concerns that the exit of external forces from the Tigray Regional State remains incomplete. Blinken visited Ethiopia last week, bearing a 331 million-dollar humanitarian aid package, in light of the devastating impact of the war. The United States is the single largest humanitarian aid provider to Ethiopia providing north of 1.8 billion dollars since 2022. The concession of Human rights violations by both the federal government and TPLF was heralded by the secretary as a promising development. He said that the final decision will be an interdepartmental ruling by several government bodies in the US. The Secretary held a series of meetings with Prime Minister Abiy Ahmed and his deputy Demeke Mekonnen, Moussa Faki Mahamat, chairperson of the AUC, Workeneh Gebeyehu, executive secretary of IGAD and senior members of the TPLF. He stated that the US Government will be closely monitoring Ethiopia's progress in achieving transitional justice, indicating that this will be a key factor in determining the country's future relationship with the US. The US Government's close attention to Ethiopia's situation signals a heightened interest in the region and underscores the need for continued international attention to the ongoing challenges facing the country


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Dashen Bank Rolls Out Mobile Payment Solution

Dashen Bank has introduced a new digital payment service that allows customers to pay for fuel with ease using the Dashen Super mobile app. The service was officially launched on May 13 and is now available at every fuel stations. According to the bank, the Dashen Super app enables users to make payments in just three clicks, offering a fast and convenient alternative to traditional payment methods. Dashen Bank announced that it plans to expand the service across all fuel stations in the coun...


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Four Key Agreements Passed in Parliaments 29th Regular Session

In its 29th regular session of the fourth year, Ethiopia's 6th Parliament approved four key agreements: two loan deals, the establishment of a finance corporation, and an air transport agreement. Assistant Minister of State for Finance, Meseret Haile, introduced the proposed loan agreements and requested they be sent directly to a second reading for discussion and approval. Parliament accepted the request and proceeded with a detailed discussion on the draft proclamations. Members of Parli...


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New Pact Targets Rural Road Links, Food Security Goals

The Ministry of Urban Development and Infrastructure has signed an agreement with several federal institutions to launch a major project targeting rural connectivity and food security. At the signing ceremony, State Minister Yetmegeta Asrat represented the Ministry alongside officials from the Federal Ethics and Anti-Corruption Commission, the Federal Public Procurement and Property Authority, the Environmental Protection Authority, and Helvetas Ethiopia. A separate agreement was also signed...