Capital Ushers Job Creation Forum

Jul 8 , 2023


[ssba-buttons]

  A forum on accelerating entrepreneurship, digital and financial inclusion in light of the African Continental Free Trade Area (AfCFTA) was held at the headquarters of the African Union last week. The African Entrepreneurship Forum pins its agenda on an investment integration roadmap and viable schemes of job creation for the rising unemployment rate in the continent. Minister of Labor & Skills Muferihat Kamil opened the forum by indicating the importance of enhancing the skills of employees to create reliable and quality jobs. The youth constitute around 60pc of the unemployment pool in Africa. According to the World Economic Forum's 2022 forecast, young Africans will constitute 43pc of the global youth population by the year 2030. The event included panel discussions on unemployment, work culture and job creation with several entrepreneurial figures in the country.


Radar

Deposit Insurance Fund Grows to 15.1B Br, Signals Readiness for Crisis Response

Two years into its operations, the Ethiopian Deposit Insurance Fund (EDIF) has grown its asset base to 15.1B Br, reinforcing its role as a critical backstop for depositors and financial institutions alike. The Fund, established under a proclamation by the Council of Ministers, was designed to shield depositors in the event of bank or microfinance collapses. Since its inception, EDIF has focused on collecting premiums from member institutions, investing the funds, and building a system robust...


Radar

Rockefellers 100m Dollars Leap into Regenerative Lunches

As part of the UNFSS+4 High-Level Convening, a thematic session titled "Nourishing the Future through Regenerative School Meals" was held on July 26, 2025, at the Sheraton Addis on Taitu St. It brought together prominent figures including Ethiopia's former Prime Minister Hailemariam Desalegn, former First Lady Roman Tesfaye, and Kenya's First Lady Rachel Ruto. Organised by the Rockefeller Foundation, the event focused on overhauling child nutrition through regenerative agriculture. Sarah Farl...


Radar

Hijra Bank Backs Young Innovators with Awards, Loans

Hijra Bank has awarded five young Ethiopian innovators in the final round of its “Sirara” Creative Spark Awards, selected from over 27,000 applicants. The programme targets practical innovations in agriculture, sustainability, and appropriate technology. Top winner Milkias Ahmed (PhD) received a 300,000 Br prize and a 3 million Br interest-free loan for developing an organic soil conditioner from animal bones. Second and third prizes went to Yusuf Ali and Muhammad Juhar for a crop-harvest...