AGP Executive Report
Last update: 4 hours agoNorthern Conflict: Ethiopian forces and allied fighters say they have entered Aksum and expanded control in Tigray; claims of heavy Eritrean losses are disputed. Renewed fighting has injured and killed civilians, including children, as the UN allocates $8.5 million for emergency aid. Border Tensions: Ethiopian troops have advanced toward Eritrea’s border, raising fears of wider war. US Secretary of State Marco Rubio urged de-escalation, while Ethiopia and Washington offered differing accounts of his call with Prime Minister Abiy Ahmed. Diplomacy: Ethiopia and the EU reaffirmed cooperation on economic development and regional stability, with Brussels describing Ethiopia as a key partner in the Horn. Economic Integration: Ethiopia joined the Pan-African Payment and Settlement System, opening a route for local financial institutions to make cross-border transactions. The IMF projects 9.2% growth this year, though a sharp birr devaluation has pushed Kenya ahead as East Africa’s largest economy by dollar GDP.
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