The Ethiopian Diaspora Trust Fund (EDTF) Broadens Its Mission to Drive Transformative Partnerships and Innovation for Ethiopia’s Growth

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 …

ETHIOPIA: Safaricom extends its M-Pesa Global service to Ethiopia

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 …

Kenyan Expats in South Africa to Benefit from KEDASA’s New Investment Program

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 …

Diaspora Dollars to Africa: Scaling Up Business & Impact

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 …

Dubai and Mauritius are top trending destinations for South African travellers

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 …