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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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...