Ethiopian Diaspora Trust Fund account officially operational
Further to His Excellency Prime Minister Abiy Ahmed’s recent call for the global Ethiopian diaspora to contribute as little as $1-a-day to the transformation and development of a better Ethiopia, the Government of Ethiopia is proud to announce that the Commercial Bank of Ethiopia has today officially opened a bank account to support the operation of the “Ethiopian Diaspora Trust Fund”. The Account has been launched with the express aim of connecting the global Ethiopian diaspora with their homeland by facilitating the secure collection of their financial contributions.
The account details are as follows:
Account Name: Ethiopian Diaspora Trust Fund
Account Number: 1000255726725
Bank Name & Address: Commercial Bank of Ethiopia, Addis Ababa, Ethiopia. P.O. Box 255. Tel: +251 (0)11 5515004, +251 (0)11 5515000
Money should be sent to the newly opened “Ethiopian Diaspora Trust Fund” account via the following methods:
- By accessing the soon to be launched official website of the Ethiopian Diaspora Trust Fund or;
- By sending your contributions to the account using the Commercial Bank of Ethiopia’s SWIFT Code: CBETETAA or;
- By using the officially authorised international money transfer services currently working with the Commercial Bank of Ethiopia, listed below.
For further information, please contact our Diaspora Affairs Team on 0207 838 3873 or 0207 838 3886.
…Advisory Council formed to oversee fund
PM Abiy’s call has been enthusiastically accepted by Ethiopians worldwide. A diverse group of well-known Ethiopian scholars, business executives, and other professionals have volunteered to coordinate the diaspora efforts for the Fund.
In a statement on 9thAugust, the Prime Minister’s Office announced the formation of a 15-strong Ethiopian Diaspora Trust Fund Advisory Council that will facilitate the fund.
HE Prime Minister Dr Abiy Ahmed announces the formation of the Ethiopian Diaspora Trust Fund Advisory Council and its members. He thanks and encourages all individuals and groups who have taken initiatives to cooperate with the Council. #Ethiopia pic.twitter.com/nKrH0i1sCv
— Fitsum Arega (@fitsumaregaa) August 9, 2018
The Council is expected to undertake comprehensive plans for the Fund including mechanisms for high-level accountability and transparency, project selection criteria for funding and identification of practical means to generate public support for the Fund.
The Council plans to seek input from the Diaspora communities worldwide in order to ensure that their voices are heard in the establishment and administration of the Fund.
Authorised International Money Transfer Services
|Western Union||Lari Exchange|
|X-Press Money Service||Tewkel Money|
|Bole Atlantic International||Zenji Exchange Company|
|Money Gram||Paco Money|
|Dahabshiil Money Transfer||Irmaan Express|
|Al Ansari (Cash Express)||Bakkal Money Transfer|
|World Remit Ltd||Devine (Blue Nile)|
|Trans Fast Money||Dawit Money Transfer|
|Kaah Express Money Transfer||T and Y Remit|
|Golden Money Transfer||Asgori Money Express|
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