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 …
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 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 …
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 …
Among the many ambitious goals coming out of the December 2022 US-Africa Leaders Summit was a focus on working with the African diaspora and young African leaders. Just over a year after the summit, Michael Walsh, Melvin Foote, Wendy Wilson, Krista Johnson, and Sinfree Makoni, noted experts on Africa, join FPRI’s Africa Program Chair Charles …