Ethiopian Diaspora Trust Fund Raises Half a Million Dollar

Date:

Share post:

Keep Up with Addis Insight

Add us to your Google Preferred Sources to see updates first.

Follow Source

Ethiopian Diaspora Trust Fund (EDTF) an initiative which was established nearly six months ago raises half a million dollar in just six weeks campaign. The trust fund was started following PM Abiy challenge call for the diaspora to at least contribute one dollar a day from their daily macchiato expense.

GUZOFOREX
PRO ACADEMY
Learn Forex. Understand the Markets.
Practical financial-market education built for Ethiopian traders.
START LEARNING →

According to EDTF “The Fund aims to finance projects that meet critical needs selected based on their potential to make the highest positive impact on groups and communities in Ethiopia in such areas as health, education, water and sanitation facilities, habilitation and rehabilitation of persons with disability, agricultural development, technology, small-scale entrepreneurship and other income and employment generating projects. The EDTF will give priority attention to projects focusing on youth, women, smallholder farmers, small enterprises and entrepreneurs, who can be agents of inclusive social and economic development.”

Already 3000 donors contributed for the campaign and breaking down the demography of the donors who contributed for the Trust fund the United States leads with 83.19% of the total donation followed by Canada, Germany, and Kenya. Also the leading donations by states in the US: Maryland, California, and Virginia.

To learn more about EDTF recent fundraising you can follow the following link.

Addis Insight
Addis Insighthttps://www.addisinsight.net/
Addis Insight is Ethiopia’s fastest growing digital news platform, providing consumers with the latest news from Ethiopia and its diaspora. We provide marketers with innovative opportunities to leverage our stories and overall brand with a fiercely curious and highly engaged audience.

Related articles

Ethiopia’s Immigration Service Sees Massive 10x Revenue Spike

The Ethiopian Immigration and Citizenship Service (ICS) has pulled off a staggering financial turnaround, increasing its annual revenue...

The Post- Ethiopian National Dialogue: A New Hope or Doomed from the Start?

By Eyob Asfaw * For a long time, I used to blog about the Ethiopian affair, lamenting the perpetual...

When Care Ends, Who Takes Over?

“As Leave No Youth Behind reaches the end of its five-year run, the question is no longer onlyhow...

KEFI Halts Ethiopia’s Tulu Kapi Gold Project After Fatal Security Incident.

September 7, 2026 KEFI Gold and Copper has suspended development activities at its Tulu Kapi Gold Project in Ethiopia...