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April 05, 2022
Ethiopia: Ethiopia's FDRE Ministry of Labor and Skills hosts 2022 Agro-Businesses Ideas Competition (ABIC) in Collaboration with German Cooperation and the Mastercard Foundation
Ethiopia's FDRE Ministry of Labor and Skills co- hosted the first National Agro-Business Ideas Competition (ABIC 2022) in partnership with Deutsche Gesellschaft für… Read more »
February 28, 2022
Ethiopia: Orbit Innovation Hub and Mastercard Foundation's First Cohort of 15 Tech-Driven Start-Ups Creates 89 Jobs
Earlier today, Orbit Innovation Hub and Mastercard Foundation marked the successful completion of a pilot incubation and acceleration program for start-ups. The year-long program… Read more »
February 21, 2022
Ethiopia: First of its Kind Knowledge Seminar to Tackle Collateral Challenge Facing MSMEs in Ethiopia
Earlier today, Kifiya Financial Technology in partnership with the Mastercard Foundation and its knowledge partner International Finance Corporation kicked off a first of its kind… Read more »
October 28, 2021
East Africa: Desert Locust Upsurge may be Declining but Remaining Swarms Require Vigilance in East Africa and Yemen
$11.2 million partnership with the Mastercard Foundation to aid control and recovery efforts Read more »
August 11, 2021
Ethiopia: Over 50,000 Jobs Saved through the Mastercard Foundation MSEs Resilience Facility
August 3, 2021 – The Mastercard Foundation Micro and Small Enterprise (MSE) Resilience Facility has impacted more than 10,000 businesses and saved over 50,000 jobs since… Read more »
August 10, 2021
Ethiopia: Ethiopia's Health Sector Receives a Boost through New Partnership between Orbit Innovation Hub and Mastercard Foundation
Earlier today, at the Saro-Maria hotel in Addis Ababa, five startups, graduated from a four-month business development program ran by Orbit Innovation Hub under the Mastercard… Read more »
July 22, 2021
Ethiopia: MSMEs in Ethiopia to Access Finance through a New Agreement between Bank of Abyssinia and Four Private Micro Finance Institutions
Today, the Bank of Abyssinia signed a loan agreement with four private commercial microfinance institutions (MFIs) – Dynamic, Harbu, Metemamen, and Nisir that will create… Read more »
July 17, 2021
Ethiopia: Startup Studio 1888EC Launches Ethiopia's First Innovative Travel and Leisure Platform in Partnership with the Mastercard Foundation
Today, startup studio 1888EC unveiled Triopia, the country’s first travel and leisure platform aimed at creating digital solutions and job opportunities within… Read more »
June 24, 2021
Ethiopia: New Agreement in Ethiopia between Ministry of Trade and BRIDGES Programme to Spur Job Creation and Support MSMEs
Today, the BRIDGES Programme signed a Memorandum of Understanding with the Ministry of Trade and Industry that will lead to significant work opportunities for young people in… Read more »
May 27, 2021
Ethiopia: First 137 Business Mentors and 20 Startups to Graduate under the Young Africa Works in Ethiopia Program
Ethiopia’s first cohort of 137 business mentors for startups and SMEs and 20 startup enterprises will graduate at a special ceremony to be held later this month. The… Read more »
April 29, 2021
Ethiopia: 42,000 Direct Jobs for Vulnerable Groups in Ethiopia will be Created by FDRE Jobs Creation Commission in Collaboration with the Mastercard Foundation and Five Local Implementing Partners
FDRE Jobs Creation Commission, in alignment with Mastercard Foundation’s Young Africa Works strategy, has designed and launched a three-year inclusive and innovative project,… Read more »
February 03, 2021
Ethiopia: Ethiopia's Tourism Sector to Benefit from the Country's First Travel and Leisure Platform
Today, startup studio 1888EC announced a partnership with the Mastercard Foundation to create the country's first travel and leisure platform aimed at creating digital solutions… Read more »
October 13, 2020
Ethiopia: Ethiopia to Leverage Digital Innovation in the Fight Against COVID-19 through Ministry of Innovation and Technology and Mastercard Foundation Partnership
Today, the Ministry of Innovation and Technology, and the Mastercard Foundation announced the launch of a project that will support the development of ‘Citizens COVID-19… Read more »
September 30, 2020
Ethiopia: Ethiopia's First Cohort of Business Mentor Graduates Set to Impact Entrepreneurs and Business Leaders in the Country
Today, the Center for African Leadership Studies (CALS) and xHub Addis announced that Ethiopia’s first cohort of business mentors for entrepreneurs and business leaders will… Read more »
September 21, 2020
East Africa: Factories across Seven Industrial Parks in Ethiopia to be Revolutionized through the Digitization of Labour Supply and Demand Matching
Today, First Consult announced a partnership with the Ethiopian Investment Commission to implement the digitization of the labour supply and matching database for factories within… Read more »
May 26, 2020
Ethiopia: Mastercard Foundation Commits US$1.6 Million to Ethiopian Red Cross Society COVID-19 Efforts
Addis Ababa, Ethiopia – May 26, 2020 – The Ethiopian Red Cross Society (ERCS) today announced a US$1.6 million contribution from the Mastercard Foundation to… Read more »
June 22, 2020
Ethiopia: Federal Democratic Republic of Ethiopia's Jobs Creation Commission Launches "Enabling Ethiopia," a 5-Year Job Opportunities Project in Partnership with the Mastercard Foundation
The Jobs Creation Commission, in partnership with the Mastercard Foundation, has launched a 5-year project, Enabling Ethiopia, to support job creation in Ethiopia through driving… Read more »
June 11, 2020
Ethiopia: Mastercard Foundation Commits $3.2 Million to Rescue Enterprises Through Production Repurposing to Respond to COVID-19 in Ethiopia
Mastercard Foundation has announced a partnership with a consortium of 11 small and medium enterprises (SMEs) in Ethiopia to repurpose their factories to manufacture personal… Read more »
June 04, 2020
Ethiopia: The Mastercard Foundation MSE's Resilience Facility to Support Businesses in Ethiopia Affected by COVID-19
The Jobs Creation Commission of Ethiopia, the Mastercard Foundation and First Consult announced the creation of the Mastercard Foundation MSE's Resilience Facility. This is an… Read more »
April 16, 2020
East Africa: Mastercard Foundation Joins Forces with UN's Food and Agriculture Organization to Tackle Desert Locust Infestation
Desert Locust response to mitigate the impact on food security and livelihoods in Ethiopia, Kenya, Uganda, Somalia, Eritrea, and Djibouti Read more »
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