PRESS RELEASE: – ADDIS ABABA, ETHIOPIA August 9, 2018
H.E. Prime Minster Abiy Ahmed is pleased to announce the formation of the Ethiopian Diaspora Trust Fund Advisory Council. On July 6, 2018, in a statement before the House of Peoples Representatives, Prime Minister Abiy Ahmed challenged all Ethiopians in the Diaspora to make a dollar-a-day contribution for vital development and social projects. Prime Minister Abiy told parliament, “If we said get $1 million dollars a day from the estimated 3 million diaspora Ethiopians, we could generate 30 million dollars a month. This money will not be part of the government budget. It will be administered through its own independent board.”
Prime Minister Abiy’s challenge has been accepted enthusiastically throughout the Ethiopian Diaspora as seen in his recent visit in the U.S. His message of love, forgiveness, reconciliation, unity, peace continues to resonate among diaspora Ethiopians throughout the world.
The Ethiopian government is prepared to work with and engage all diaspora Ethiopian communities worldwide in the socio-economic and political development of Ethiopia. The Ethiopian Diaspora Trust Fund is one of the first structured initiatives organized by the Ethiopian government to directly involve diaspora Ethiopians from all walks of life in improving the lives of the Ethiopian people.
In response to Prime Minister Abiy call, a diverse group of well-known Ethiopian scholars, business executives, and other professionals have volunteered to coordinate the diaspora efforts for the Fund.
In expressing his appreciation, Prime Minster Abiy said, “I am soy phased Ethiopian academic, business and professional leaders love come forward to lead this important effort for their country. On behalf of all Ethiopians, 1 would like to thank each and every one of they and wish them the best of success in their efforts.”
The Advisory Council expects to undertake a comprehensive plan for the Fund including mechanisms for high level accountability and transparency, project selection criteria for funding and identification of practical means to generate wide public support for the Fund in the global Ethiopian diaspora. The Council plans to seek input from Ethiopian diaspora communities to ensure that their voices are heard in the establishment and administration of the Fund.
Prime Minister Ably thanks all individuals who have taken independent initiative to respond to the call for the Trust Fund. He encourages all individuals and groups who have taken initiatives to cooperate with the Council.
MEMBERS OF THE COUNCIL
- Alemayehu G. Mariam, Professor of Political Science and Attorney at Law, California State University, San Bernardino (CHAIRMAN OF THE COUNCIL)
- Bisrat Aklilu, UNDP, Executive Coordinator of the Multi-Partner Trust Fund Office, U.N Development Programme.
- Gabriel Negatu, Director General, African Development Bank.
- Kassahun (Kassy) Kebede, founder and Managing Partner of Cepheus Growth Capital, an Ethiopia focused private equity fund started in 2016; founder and Managing Partner of Partton Capital Group.
- Lemma Senbet, Executive Director, African Economic Research Consortium, William E. Mayer Chair Professor of Finance, Founding Director, Center for Financial Policy University of Maryland.
- Lulit Ejigu, Executive Director – Risk Management Strategy & Advisory at JP Morgan Chase.
- Menna Demessie, Vice President of Policy Analysis and Research at the Congressional Black Caucus Foundation, Inc.
- Mimi Alemayehou, Managing Director of BlackRhino Group and Executive Advisor and Chair of Blackstone Africa Infrastructure LP
- Minelik Alemu Getahun, Assistant Director General, World Intellectual Property Organizations.
- Obang Metho, Executive Director, Solidarity Movement for a New Ethiopia, Human Rights Activist.
- Robsan liana, President and CEO, Global Translation & Interpreter.
- Tamagne Beyene, Human Rights Activist.
- Tashita Tubas, President and CEO, Metropolitan Transportation Network (MTN) Inc. Minneapolis/St. Paul, MN.
- Yehenew Walilegne, Counsel at The World Bank
- Elias Wondimu, President and CEO of TSEHAI Corp.
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