Ethiopians in the UK buy bonds worth over £40,000

23 Mar 2015

More than 300 members of the Ethiopian Diaspora attended a successful bond selling event held at the Embassy on 21st March 2015, aimed at raising funds for the construction of the Grand Renaissance Dam (GERD).

In his opening speech, H.E. Ambassador Berhanu Kebede thanked the guests for, once again, turning up to demonstrate their continued support for the construction of the GERD. The construction of the dam is crucial to consolidating the double-digit economic growth Ethiopia has been experiencing for over a decade, the Ambassador said, noting that the project had so far reached the 41% completion stage. He added that the ever-increasing determination and enthusiasm of the people of Ethiopia will ensure that the construction of the dam will be completed in 2017 as originally scheduled and emphasized that through their concerted effort, the people of Ethiopia will make poverty a thing of the past. The Ambassador also recalled similar previous events that were successfully held at the Embassy and thanked members of the Diaspora for their unfailing support.

Eng. Simegnew Bekele, Chief Engineer of the GERD construction project, who was unable to be physically present in London to attend the event due to a heavy workload, addressed the gathering via direct telephone link from the construction site. He gave a comprehensive briefing on the progress of the construction and the national significance of the dam. “Myself and 8,500 plus employees are working round the clock to ensure the timely completion of the dam”, he said. He further went on to say that, in addition to its economic benefits, the construction of the dam was also a capacity-building exercise, which has made it possible to equip a new crop of young Ethiopian engineering  professionals with the knowledge and experience of dam construction and large-scale project management, including women engineers.

Adding that cost-effectiveness is a major consideration in the construction process, he called on fellow compatriots to leave behind a vivid historical legacy by contributing towards the national flagship project. He also underscored the public  mobilization aspect of GERD, and he said that he did not know of any other project behind which people rallied so much and so enthusiastically. He said the GERD should make it into the Guinness Book of Records for public mobilization. The participants expressed their heartfelt gratitude and support to Engineer Simegnew and the entire workforce at the site with an enthusiastic applause.

Chairman of the GERD support Committee in the United Kingdom, Ato Mulat also thanked the audience for responding to the invitation extended by the Committee to participate in the bond selling event. He said the Committee will continue to undertake a range of activities to raise more funds for GERD.

A film documenting the progress of the construction was screened and drew an enthusiastic applause from the audience. The participants of the event were treated to a wide selection of Ethiopian dishes and a range of Ethiopian music representing various nations and nationalities.

 

The event was a joyous occasion and a clear manifestation of the unity, patriotism, devotion and determination of Ethiopians to rally behind the project. At the end of the event, it was disclosed that the participants had bought bonds worth over £40,000 ($60,000).

UK Diaspora show commitment to GERD

Latest News

Browse all
On 2nd October, the Scientific Exploration Society commemorated the 50th anniversary of the exploration of Ethiopia’s Blue Nile River at a special event at the Royal Geographical Society in London. Mr Fekadu Beyene, Head of Diaspora Affairs (Chargé d’Affaires) attended on behalf of the Embassy and was joined by some of the members of the expedition and a number of…
8 Oct 2018
50th anniversary of the first Blue Nile expedition commemorated
The Commercial Bank of Ethiopia (CBE) has announced the commencement of mortgage loans for Ethiopian Diaspora (non-resident Ethiopians and foreign nationals of Ethiopian origin) as part of the bank’s vision to serve and grow together with its customers.  
8 Oct 2018
Commercial Bank of Ethiopia Launches Mortgages for Diaspora
The Embassy has commenced dedicated open hours for Ethiopian Diaspora residing in the UK, every Tuesday and Thursday from 15.00 – 17.00 (3:00pm - 5:00pm). For further information, please contact the Diaspora Affairs Department.
3 Oct 2018
Commencement of Dedicated Open Hours for the Diaspora
On 31 October 2018, H.E. Prime Minister Abiy Ahmed, will welcome the Ethiopians from across Europe to Frankfurt, Germany, for his first town hall meeting with the Diaspora in Europe. PM Abiy will also meet with Eritreans residing in Europe. UK participants can register with the Embassy by completing an online form.
2 Oct 2018
Prime Minister Abiy’s First Townhall with Ethiopian Diaspora in Europe
Ambassador Hailemichael led an Embassy delegation at the 2018 African Heads of Mission meeting in Edinburgh. The main objective of the meeting was to promote opportunities to increase trade, investment and knowledge sharing between Scotland and Africa.
26 Sep 2018
African Heads of Mission Meeting held in Edinburgh
Learn more about the Diaspora-led Ethio-American Doctors Group (EADG), an organization formed to establish a state-of-the-art hospital in Ethiopia at a special meeting in London on 27 October 2018.
25 Sep 2018
Ethio-American Doctors Group – EU Conference
A delegation from Ethiopia led by H.E. Jantrar Abay, Minister of Urban Development and Housing, and Ambassador Hailemichael attended this year's Social Enterprise World Forum in Edinburgh, where it was announced that the Social Enterprise World Forum 2019 will take place in Addis Ababa.
18 Sep 2018
Ethiopia to host Social Enterprise World Forum 2019
Prime Minister Abiy Ahmed and Eritrean President Isaias Afewerki signed a historic peace agreement on 16th September in Jeddah, Saudi Arabia, in the presence of Saudi Arabia’s King Salman, Crown Prince Mohammed bin Salman, and United Nations Secretary-General Antonio Guterres.
17 Sep 2018
Ethiopia and Eritrea sign peace agreement in Saudi Arabia
A high-level ministerial delegation from Ethiopia and the private sector is coming to London on 16th October 2018 for a full-day trade and investment forum, representing the first significant overseas trade and investment mission for the new Ethiopian Government.
14 Sep 2018
Ethiopia invites UK partners to invest in Africa’s fastest-growing economy
Ethiopia's New Year falls on 11th September and this year - 2011 in the Ethiopian calendar - there was much to celebrate, as Ethiopians from across the country and from abroad, celebrated together in peace and unity.
13 Sep 2018
New Year, New Hope Ethiopia celebrates 1st Meskeram 2011
As we move into the New Year, we should aspire to create a strong and democratic Ethiopia, based on our unity under a diversity “intertwined and moulded with love and forgiveness”. Our task for the year is to maintain the spirit of change and transformation, to overcome our shortcomings, to bring the peace and unity we all want.
12 Sep 2018
New Year Message from Foreign Minister Workneh Gebeyehu