Friday, July 12, 2024

Ethiopian Diaspora Trust Fund releases funds for five projects


The Ethiopian Diaspora Trust Fund (EDTF) announced the release of funds for the first set of five projects in the country that were previously approved by the EDTF Board of Directors.
“The projects were reviewed by expert Technical Review Teams which had confirmed their compliance with EDTF’s project eligibility criteria,” a statement from EDTF reads.
“Before final funding, each project was subjected to rigorous and transparent capacity assessment and budget review focusing on organizational capacity, operational and financial management and effectiveness to deliver on proposed project outcomes,” the statement further reads.
Among the key evaluation criteria included were: project sustainability, potential impact, scalability, innovation and creativity, cost efficiency (value for money), accountability and transparency. The release of the funds was approved by the Advisory Council of fEDTF (Friends of EDTF) on 9 August 2020 after a final round of thorough inspection of the projects and the applicant organizations. The total first quarter installment of the project funds amounting to 5.9 million birr was transferred directly to the Bank accounts of the implementing organizations.
The five funded projects are:
Help for Persons with Disabilities-Organization (HPD-O) – Construction of special needs education units for disabled and neglected children in selected primary schools in 3 Woredas of Amhara Region, Semien Shewa Zone.
Hiwot Integrated Development Organization (HIDO) – Early Childhood Care and Education Services for Orphans and Vulnerable Children (OVC) at Woreda 06 of Addis Ababa.
Pro Development Network (PDN) – Promotion of Safe Water Supply, Hygiene and Sanitation – Forhard-to-reach communities using renewable energy in Afar and Tigray Regions.
Gurmuu Development Association (Gurmuu) – Improving children’s learning environment in four primary schools in Oromia Regional State.
Korah Great Hope Charity Organization (KGHCO) – Hygiene and sanitation promotion education and practices in Kolfe Keraniyo Sub-City Qoshe area of Addis Ababa.

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