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Suspension of Ethiopia from AGOA misguided

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All parties to the conflict in Tigray have committed violations of international human rights

The Ethiopian government stated that the US government’s decision to suspend Ethiopia from AGOA is misguided and fails to take into account the commitment of the government of the US values the wellbeing of ordinary citizens.
In a statement issued by the Ministry of Foreign Affairs, “removing the preferential agreement will affect the livelihoods of more than 200,000 low income families, mostly; women who have got nothing to do with the conflict, it will also considerably impair the lives of one million people who are engaged in the supply chain ecosystem.”
It said that it expected from international community a balanced view on the situation in Ethiopia.
The statement issued further said that what Ethiopians expect from the international community and the US in particular at this time is an unbiased assessment of the critical situation and supply of the much needed humanitarian support to affected people.
“Unjustified intimidation to jeopardize the economic livelihoods of innocent citizens, which we believe is propelled by the enemies of Ethiopia behind the scene, will not give a peaceful resolution to the conflict,” it added.
And it asked the US government to reverse its decision that may only embolden the terrorist group while endangering the aspirations of Ethiopians to extricate themselves out of poverty.
“The government of Ethiopia is deeply dismayed by the failure of the United States to properly acknowledge efforts made to address concerns on both the humanitarian aid and human rights issues in connection with the conflict,” it said by reminding that reducing security checkpoints from 7 to 2, among others has shown the government commitment to address the concerns of the international community over some bureaucratic hurdles.
It recalled that the government support for the joint investigation by the UN Human Rights Office (UNHRO) and the Ethiopian Human Rights Commission (EHRC) into alleged violations of human rights committed in Tigray.
The report issued by the joint human right bodies mid this week disproved most of the allegations that were fingered on the Ethiopian government. It generally highlighted that there were not that much incidents that was claimed by the international community and media the statement from MoFA said.
The joint investigation by EHRC and the UNHRO has found that there are reasonable grounds to believe that all parties to the conflict in Tigray have, to varying degrees, committed violations of international human rights, humanitarian and refugee law, some of which may amount to war crimes and crimes against humanity.
In a report published, which examines the devastating impact the conflict has had on civilians, the Joint Investigation Team (JIT) details a series of violations and abuses, including unlawful killings and extra-judicial executions, torture, sexual and gender-based violence, violations against refugees, and forced displacement of civilians.
The report covers the period from 3 November 2020, when the armed conflict began between the Ethiopian National Defence Force (ENDF), the Eritrean Defence Force (EDF), the Amhara Special Forces (ASF), the Amhara Fano and other militias on one side, and the Tigrayan Special Forces (TSF), Tigrayan militia and other allied groups on the other, until 28 June 2021 when the Ethiopian Government declared a unilateral ceasefire.
The JIT visited several locations, including Mekelle, Eastern Tigray (Wukro), Southeastern Tigray (Samre and nearby areas), Southern Tigray ( Alamata, Bora and Maichew), Western Tigray (Dansha, Humera and Mai Kadra), and Bahir Dar and Gondar in the Amhara region, as well as Addis Ababa. The JIT conducted 269 confidential interviews with victims and witnesses of alleged violations and abuses, and other sources; and held over 60 meetings with federal and regional officials, representatives of international organisations, NGOs, community-based committees, medical personnel, and other sources.
“As the conflict expands with more reports of violations and abuses, this report presents an opportunity for all parties to acknowledge responsibility and commit to concrete measures on accountability, redress for victims and the search for a sustainable solution to end the suffering of millions,” said Daniel Bekele, Chief Commissioner of the EHRC. “EHRC remains engaged in monitoring the human rights situation since end of June and will be sharing its findings in due course,” Daniel said.
“The Tigray conflict has been marked by extreme brutality. The gravity and seriousness of the violations and abuses we have documented underscore the need to hold perpetrators accountable on all sides,” said Michelle Bachelet, UN High Commissioner for Human Rights.
“As the conflict has escalated, with civilians as ever caught in the middle, it is vital that all parties heed the repeated calls to end hostilities and seek a lasting ceasefire,” said Bachelet.
The JIT recommends that all parties to the conflict to end all violations and abuses and to take all necessary measures to protect civilians and civilian infrastructure. It calls on them to agree, without preconditions, to immediately end hostilities and end any measures that may exacerbate the already acute humanitarian crisis.

Dashen launches international debit card

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Dashen Bank launches a platform that will ease traveler’s access to foreign currency around the world.
Now Dashen customers can use Dashen American Express International Debit Card to manage their payments abroad.
The new scheme is managed in exclusive partnership with American Express (AMEX), according to Asfaw Alemu, President of Dashen Bank.
Asfaw said as the payment industry continues to evolve and regulations start to relax, Dashen Bank is always in the upfront to innovate around and deliver quality products to its customers, “we are now delighted to announce the launch of Dashen Bank American Express International Debit Card, which allows Ethiopian travelers to make easy, secure and convenient payments globally.”
“The launch of the card will also avoid the potential risk of carrying physical cash and give our customers freedom of shopping,” he elaborates adding “the Bank is also delighted to partner with AMEX, one of the reputable brands in the payment industry to co-brand the card with.”
“We are taking foreign currency from banks by cash when we are traveling, it has a challenge on payments and hotel reserve that is now easy for customers,” Asfaw said at the launching press conference held on Tuesday at the Dashen Bank headquarter located in front of National Bank of Ethiopia (NBE).
This product significantly benefits overseas travelling customers by enabling them to easily use foreign currency for card transactions when travelling outside Ethiopia.
In its statement the bank said that Dashen American Express International Debit Card is highly convenient for prominent customers, international corporations and customers with high foreign currency inflow, who frequently travel for business to different corners of the world.
“Customers can access their foreign currency account to make purchases abroad,” the statement explained.
Under the new platform cardholders also benefit from cashless transactions, improved safety, a card that is light to carry, no withdrawal limit and access to the global American Express merchant and ATM network.
“A customer who fulfills the minimum foreign currency requirements and who is not on the sanctions lists of Office of Foreign Assets Control, UN and USA is eligible to get the Dashen American Express International Debit Card,” it added.
James Wainaina, Vice President of Business Development – Africa, for AMEX said “we are delighted to launch the Dashen Bank American Express International Debit Card. It is important that people in Ethiopia benefit from more convenient and safe payment methods.”
“The international debit product will allow customers to use a card at POS machines when travelling globally, instead of having to make payments using physical cash. This innovation will enhance the experience of people travelling outside of Ethiopia and should also enable customers to make more payments through e-commerce, such as those for hotel bookings and flights. This is another important milestone in our longstanding partnership with Dashen Bank and adds to our existing product portfolio which includes two domestic debit cards,” James Wainaina, Vice President of Business Development – Africa, for AMEX.
According to NBE law, customers can withdraw 10 percent of their account through card.
The Bank announces that customers can apply for the card at any branches or Forex offices.
Dashen is the most reputable brand in Ethiopia’s Banking industry, pioneering different forms of digital banking. The bank has registered consistency in terms of delivery of various technological outputs. It was the first bank to introduce card banking to the Ethiopian banking industry. Dashen also works in partnership with renowned international electronic payment brands including AMEX and prominent worldwide money transfer agents.
In relation with its 25th anniversary celebration the bank has introducing several digital services for customers.

Ahadu bank draws closer to enter the financial market

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Ahadu bank is set to be operational in four months’ time, after facing delay due to the current situation of the state and has received its business license from the national bank.
As Eshetu Fantaye, the first and newly appointed president of the bank told Capital that the bank has received its business license from the national bank and is preparing to organize its offices, staffs and certain things to its operation.
The bank has rented a building from sunshine construction located around the area commonly known as flamingo, as its head office. After being operational, the bank is targeting to open 50 branches all over the country, that is, 25 in Addis Ababa and 25 in regions.
This milestone move has left Ahadu’s promoters upbeat, which shall see the financial firm become the second bank to edge closer to operation and secure a license from the National Bank of Ethiopia (NBE), following Goh Mortgage Bank. Ahadu is among the few banks under formation, what bloc industry insiders call “fourth-generation banks”. These are a new wave of banks entering the financial sector after a period of almost a decade that saw the formation of no financial institutions.
In a protected industry that is only allowed to Ethiopians who mostly start a bank with a capital of 500 million birr, Ahadu bank is said to raise 740 million birr in subscribed capital from 9,600 shareholders, and has a paid up capital of 540 million birr. This announced capital is not inclusive of share values sold to foreigners of Ethiopian origin who were very recently allowed to buy shares in Ethiopian banks.
Ahadu Bank S.C. is a conventional commercial bank which is established by Ethiopians and foreign nationals of Ethiopian decent. Complying with the country’s business law and National Bank of Ethiopia procedures, and comprising of a team of reputable professionals, veteran bankers and, prominent businessmen, have been gathered to make a foot print on the banking sector with a unique business model.
Starting from February, 2020 the organizing committee of Ahadu received the permit from the National Bank of Ethiopia. Following the permit, it planned to finalize the share sales until September 10, 2020 and proceed with licensing process assuming the state of emergency would be lifted placed due to the COVID pandemic, however the under-formation bank continued its share sell until the middle of December.

Great Ethiopian Run postponed

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The annual Great Ethiopian Run (GER) International 10km race which was scheduled for Sunday, November 14 has been postponed indefinitely after the government declared a nationwide State of Emergency.
Dagmawit Amare, Managing Director of GER told Capital that the fate of the race will be known in the next few days, “we will know the postponed date of the race in the next few days.”
The race organizers on Thursday afternoon announced that they had reached a decision to postpone the race after the government declared a six-month state of emergency on Tuesday as the security situation in the northern region of the country deteriorated significantly.
“We are monitoring the situation closely and we will be back in touch in the coming days with more news about a new date for the race,” said Dagmawit, adding that there is no chance to cancel the race. Regarding the preparation as she said unless the race is canceled there will be no loss incurred for the organizers of the race.
The race was supposed to take place in Addis Ababa as a normal race, employing start waves following the success of wave starts in the race’s last edition in January 2021. This year about 100 people were expected to come to Ethiopia for the race, and an additional 150 participants to take part virtually.
The competition was first envisioned by Ethiopian great runner Haile Gebrselassie, Peter Middlebrook and Abi Masefield in late October 2000, following Haile’s return from the 2000 Summer Olympics. The 10,000 entries for the first edition quickly sold out and over the two decades the event attracted hundreds of thousands of participants. The race is for runners of all levels. At the front end, it attracts an impressive field of elite runners, but its main purpose has always been to encourage mass participation running, and judging by the ever-increasing demand for race places it has succeeded.
For the race’s 20th edition on 10th January 2021, a number of precautionary measures were put in place to guard against the spread of the corona virus. In this year’s race 25,000 participants were expected to take part in the race.
Considering the pandemic, all participants received, together with their race t-shirt, a WHO-approved 3-layer cotton mask for this year’ race.
Great Ethiopian Run, as part of its Corporate Social Responsibility (CSR) has been using its flagship event, the Great Ethiopian Run 10km International, to support people in need in the community. This year the fundraising target is 650,000 birr to support for the needy.
Faith Kipyegon, Kenya’s double Olympic 1500m champion and one of the ten 2021 World Athletics Female Athlete of the Year nominees will appear alongside Haile Gebrselassie who will be the VIP guest at the 2021 TotalEnergies Great Ethiopian Run.