ADDIS ABABA, Ethiopia, December 09, 2024–(BUSINESS WIRE)–The Ethiopian Diaspora Trust Fund (EDTF), a pioneering diaspora-driven organization, is making waves as it expands its mission to drive transformative change across Ethiopia. By mobilizing resources, forging global partnerships, and investing in innovation, EDTF is positioning itself as a key force in Ethiopia’s development—and a bridge connecting U.S. investors …
American Hospital Dubai has confirmed the opening of its three medical tourism representative offices in Nigeria in 2024 as part of an expansion plan of 30 offices across crucial African and Eastern European locations. The initiative supports the UAE’s efforts to be the global medical tourism hub The expansion of the medical tourism project is …
Kenyan and Ethiopian service provider Safaricom has extended its M-Pesa Global service – which enables M-Pesa registered customers to send and receive money globally – to Ethiopia, allowing customers to make mobile money transactions from Kenya to Ethiopia. Through this expansion, the two companies say they aim to increase mobile money use and penetration across …
The collaboration between the Kenya Diaspora Affairs Ministry and the Kenyan Diaspora in South Africa (KEDASA) is set to yield substantial benefits for Kenyans residing in South Africa. A recent meeting in Nairobi between Diaspora Affairs Principal Secretary Ms Roseline Njogu and Mr Bernard Maina, Chairperson of KEDASA, focused on upcoming events designed to orient …
The African startup and small business (SME) ecosystem holds immense growth potential but still faces challenges in accessing the patient capital needed to thrive. This was the key takeaway from a recent hour-long webinar hosted by Daba Finance focused on empowering African enterprises through diaspora investment. With a young, tech-savvy population, rapidly growing middle class, and abundance …
The travel industry was one of the hardest hit sectors during the Covid-19 pandemic and has been picking itself up from the floor since 2020. This year, however, the sector is expected to pick up. This was according to data released by the global report from the Mastercard Economics Institute – “Travel Trends 2024”. The …
Addis Ababa (Addis Walta) The Adwa Victory Memorial Museum hosted an event to welcome and encourage second-generation Ethiopians in the Diaspora to deepen their contribution to their motherland. Addis Ababa Mayor Adanech Abiebie and Tourism Minister Nasisie Chali warmly welcomed the attendees under the theme “Discovering and Reconnecting to the Land of Origins.” The event showcased …
The European Commission is seeking applications to contribute to past and future efforts by development players aimed at empowering women economically in order to reduce poverty and achieve inclusive and sustainable growth in Somalia. This call also aims to contribute to creating an enabling environment for women’s economic activities and growth of women-owned businesses to …
Money sent home by Kenyans living abroad continued on a growth trajectory to hit a record Ksh671 billion ($4.19 billion) in 2023, significantly boosting the country’s current account balance amid falling export revenue. Data from the Central Bank of Kenya (CBK) shows that diaspora remittances in the 12 months to December 2023 increased by 4 …
LONDON (AP) — Growing up in Ethiopia, Yared Markos would often start his days the same way: with coffee. Family members, neighbors and passersby would be drawn in by the strong aroma of fresh beans roasting in a pot, often made by his mother or another family member. Regardless of who they were, all were welcome. And …