AGP Executive Report
Last update: 9 hours agoMoney Transfers Crackdown: Ethiopia’s National Bank warned the public against unlicensed Somali-linked hawala and remittance operators, naming dozens it says are not authorized and warning of losses, delays, and possible legal action. Regional Maritime Security: Ethiopia joined Somalia, Yemen and Djibouti in Nairobi to strengthen Red Sea and Gulf of Aden maritime law enforcement, with UNODC and partners pushing better information-sharing; Ethiopia also proposed a National Maritime Information Centre. Macroeconomic Planning Update: The IMF will replace Ethiopia’s macro forecasting model by September 2026 with a new dynamic framework tailored to Ethiopia’s transition to a floating exchange rate and debt sustainability work. Power Project Funding: Koysha Hydroelectric needs about €500M more to finish, with GERD already supplying 52% of electricity and Koysha targeting full operations in 2029. Education Results Warning: Grade 12 pass rates rose slightly to 12.8%, but coverage stresses the system still leaves most students failing to reach basic proficiency. Trade Implementation Gap: Ethiopia’s AfCFTA tariff schedules lag, with only 16 countries covering all goods categories despite wider submissions. Drought Response: Simien Mountains National Park officials plan to cut and supply grass as drought hits North Gondar, affecting 115,000 households and killing thousands of livestock. Health Workforce Alarm: WHO warns Africa could face a shortage of nearly six million health workers by 2030 without major domestic investment. Road Maintenance Funding: Ethiopia’s Toll Roads Enterprise says it will allocate half of its income to routine and heavy road maintenance after posting strong 2025/26 results. Sports: Ethiopia submitted its final bid to host AFCON 2028, competing as a solo bidder.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.