Inclusive Economic Transformation

UNDP-Ethiopia uses the opportunity of the 2023 Enkopa Summit to introduce a crowdfunding campaign

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Ethiopia launched timbuktoo ManuTech Hub

Ethiopia Launches timbuktoo Pan-African ManuTech Hub

The United Nations Development Programme (UNDP) and the Ministry of Industry, in collaboration with the inter-ministerial startup committee, have launched a hub to catalyze innovation and collaboration around manufacturing technology in Africa.

Partner on board to manage a $100M fund facility for Ethiopian startups and SMEs

The Innovative Finance Lab has announced the selection of Kuramo Capital Management as the fund manager for the Enterprise Financing Facility (EFF), marking a significant milestone in the evolution of capital access for Ethiopian SMEs and startups.

UN Agencies and Ethiopian Government Launch Durable Solutions Strategy for Internal Displacement

Despite lifting 15 million people out of poverty, Ethiopia has seen significant setbacks in recent years due to crises including COVID-19, conflict, drought and floods, leaving many displaced people lacking access to essential services and livelihoods.

Rebuild Her Business - More than 750 female-led businesses to benefit in northern Ethiopia

UNDP, with fundraising implemented by the Great Ethiopia Run, and with further contributions from the Ethiopia Diaspora Trust Fund (EDTF), the Japanese government, and other individuals secured $388,922.37 to support approximately 775 women out of an initial target of 1000 women-led business in the Rebuild Her Business crowdfunding campaign.

Addressing the need for a paradigm shift in the insurance industry in Ethiopia

An Insurance Risk Financing Facility (IRFF) was launched today to help Ethiopia build the capacity of communities and businesses to manage shocks. The facility will help to develop accessible, affordable, and innovative insurance products for farmers and businesses to bounce back stronger from socio-political as well as climatic shocks.