Ethiopian Diaspora Trust Fund, Ethiopian prime minister’s initiative, is now ready to collect funds from Ethiopian Diaspora to support development efforts in Ethiopia.
The government of Ethiopia has announced the bank account number of the Ethiopia Diaspora Trust Fund.
Two weeks ago Prime Minister Dr Abiy Ahmed announced his government’s plan to establish a Diaspora trust fund to finance social services in the country.
He requested the Diaspora community to save a dollar a day to support development projects in Ethiopia, such as education and health services.
According to the Office of the Prime Minister, the account number is 1000255726725 and is active now.
International Money Transfer Agencies like Western Union and Money Gram are to be used to help the trust fund collect money from Ethiopians.
An estimated three million Ethiopians live in different parts of the world including in Europe, North America, and Australia. In 2016, Ethiopia earned over US$4 billion dollars in remittance from Ethiopians living abroad.
Here are details of the bank account:
The account details are as follows:
Account Name: Ethiopian Diaspora Trust Fund
Account Number: 1000255726725
Bank Name & Address: Commercial Bank of Ethiopia, Addis Ababa, Ethiopia. P.O. Box 255. Tel: +251 (0)11 5515004, +251 (0)11 5515000
Money should be sent to the newly opened “Ethiopian Diaspora Trust Fund” account via the following methods:
- By accessing the soon to be launched official website of the Ethiopian Diaspora Trust Fund or;
- By sending your contributions to the account using the Commercial Bank of Ethiopia’s SWIFT Code: CBETETAA or;
- By using the officially authorised international money transfer services currently working with the Commercial Bank of Ethiopia, listed below.
