Launch of a commercial initiative for Ghanaian and Ethiopian diasporans



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Mr. Akwasi Ababio, Director of Diaspora Affairs, President's Office, answering questions at launch

Mr. Akwasi Ababio, Director of Diaspora Affairs, President's Office, answering questions at launch

A project to facilitate business partnerships between Dutch entrepreneurs and Ghanaian and Ethiopian diasporans residing in the Netherlands for private sector development in both African countries has been launched in Accra.

Known as the Diaspora Entrepreneurship for Development (ED4D), this initiative aims to address the challenges faced by diasporans, including the lack of professional advice on investing when they want to start businesses in their home country. 'origin.

Implemented by the International Organization for Migration (IOM) and PUM, a Dutch non-governmental organization, a pilot project for the project was launched in November 2018 and is expected to be completed in October 2020.

A ceremony was held last Wednesday in Accra, during which the project was officially launched and declared open to candidates.

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Eric Kwame Akomanyi, Project Assistant for Migration and Development at IOM Ghana, explained that IOM was exploring ways in which Africans in the diaspora could contribute. investment and job creation on the continent, hence the initiative.

He added that IOM and PUM had already organized awareness events in the Netherlands, where they had called on Ghanaians and Ethiopians to participate in the exercise.

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He said 40 candidates (20 candidates for Ghana and Ethiopia), presenting the best business ideas, would be selected for training and mentoring in the Netherlands.

Mr. Akomanyi said that of the 40 successful candidates, 20 would be selected and sponsored to review their home countries in order to explore business opportunities and investment in that country.

He added that although the funds would not go directly to successful applicants, the IOM would link them to the financial opportunities offered in the Netherlands, Ethiopia and Ghana.

"At the end of the pilot project, a review would be done, after which we would decide whether to extend the project to other corridors," he said.

For her part, Sylvia Lopez-Ekra, IOM's Chief of Mission in Ghana, Benin and Togo, said she was confident that the project would be a springboard for attracting many Africans from the diaspora. to create businesses on the continent.

She therefore urged all Ghanaians and Ethiopians in the Netherlands to seize this opportunity.

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The Director of Diaspora Affairs in the President's Office, Mr. Akwasi Awua Ababio, congratulated IOM and PUM for this initiative.

He said that this was part of the government's return program to encourage all Ghanaians in the diaspora to review the country and contribute to its development.

Mr. Ababio pledged his support for a successful implementation of the project and urged the implementers to extend it to other countries so that he benefited more Ghanaians in his country. from other parts of the world.

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