Saturday, June 3, 2023

Tag: Diaspora

EDTF allocates USD 1 mln for COVID mitigation effort

The Ethiopia Diaspora Trust Fund (EDTF) Advisory Council has established an “EDTF Emergency COVI D-19 Mitigation” effort with an initial USD one million fund to assist the national COVID-19 mitigation efforts in Ethiopia. 

House approves Diaspora involvement in finance sector

The House of People’s Representatives (HPR) has approved a new bill that seeks to amend the existing Banking Business Proclamation to provide for the participation of Ethiopians in the Diaspora in the domestic financial sector a couple of years after a controversial campaign by the National Bank of Ethiopia (NBE) thoroughly purged any member of the diaspora from the country’s financial sector.

EDTF unveils USD 4 mln development fund

Ethiopian Diaspora Trust Fund (EDTF) announced that it has collected more than four million dollars in less than a year’s time.

Revolutionary school partners with known entrepreneurs

LEBAWI INTERNATIONAL ACADEMY is partnering with noted international entrepreneurs Noah Samara and KassyKebede and is to transition into a profitmaking enterprise as a strategic move to become self-sufficient.

Abay bank, WorldRemit strengthen ties to aid transfers

Abay Bank and WorldRemit are forging a relationship to help facilitate the transfer of funds from the growing Ethiopian Diaspora communities via its digital online low-cost money transfer service. This is its seventh partnership with local banks; including the state-owned Commercial Bank of Ethiopia (CBE).


Tigray schools in ruins, 3,846 students, teachers killed in conflict

The conflict in Ethiopia's Tigray region claimed the lives...

World Bank funded Tigray recovery project in full swing

Restores education, health services The United Nations Office for Project...

Ethiopian $50m E-commerce to deliver global goods to African doorsteps

Ethiopian Airlines Group is set to launch a cutting-edge...

Kenya’s GMO plans disrupted, but Ethiopia pushes forward with testing

The Kenyan government's move to import Genetically Modified Organisms...