FORTUNE+ VIDEO SPONSORED CONTENTS ADVERTORIALS FORTUNE AUDIO Fortune Careers TRADE AFRICA Election 2026 New TIME REMAINING UNTIL ETHIOPIA’S NATIONAL ELECTION 0Days 0Hours 0Minutes 0Seconds




Trade Rep Cautions Conflict could Harm AGOA Eligibility

Aug 28 , 2021


[ssba-buttons]

Ethiopia's access to trade benefits under the African Growth & Opportunity Act (AGOA) is at stake as the United States threaten to review the eligibility of the country if the ongoing conflict in Tigray Regional State remains unaddressed. During a virtual meeting last week with Mamo Mihretu, senior policy advisor and chief trade negotiator at the Office of the Prime Minister, United States Trade Representative Katherine Tai indicated that, if unaddressed, the ongoing conflict in Ethiopia could affect the country's future AGOA eligibility. AGOA is an initiative established by the US in 2000 to grant special access to beneficiaries in Sub-Saharan Africa. It was originally expected to end in 2008, but the initiative is now to run until 2025 after a few postponements. It provides non-reciprocal duty-free access to countries, including Ethiopia, to export approximately 6,500 products to the US market. "In the last three years, the government has been undertaking a host of groundbreaking economic and political reforms, ushering in a new era of openness for Ethiopia. These reforms can only strengthen Ethiopia's eligibility for AGOA, not otherwise," wrote Mamo after the meeting.


Radar

Land Bureau Collects Billions in Revenue, Penalties From Developers

The Addis Abeba Land Development & Administration Bureau has collected 13.1 billion Br in revenue over the past ten months from lease payments and related charges. Berhane Kebede, team leader for Lease Income Collection and Monitoring, said efforts are also focused on ensuring developers comply with lease regulations, commence construction on time, and meet payment obligations. During citywide construction monitoring across all sub-cities, the Bureau collected 13.16 billion Br, includi...


Radar

Afar Drought Resilience Programme Receives German Finance

German's Economic Cooperation and Development ministry, through the Development Bank, has allocated 17 million euro to support a drought resilience project, with 15 million euro provided by the German government. The initiative is being implemented by Ethiopia's Ministry of Agriculture. The Drought Resilience Building Project aims to strengthen food security and climate resilience for pastoral communities in the Afar lowlands. It focuses on expanding water infrastructure, including irrigation...


Radar

Ministry of Education, Huawei Introduce Offline AI Support System

The Ministry of Education has partnered with Huawei to launch a pilot AI teacher assistant system integrated directly into the national curriculum. Designed to provide instructional support, the initiative leverages Huawei's ICT infrastructure to bridge the educational resource gap across the country. The launch was done in May 14,2026 at Sheraton Hotel which is found in Taitu St. on the launch event a representative from the ministry of education, Muluneh Atinaf(PhD), the e-SHE program coord...