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Ethiopia’s New Generation Of Entrepreneurs Step Forward

Ethiopia’s New Generation Of Entrepreneurs Step Forward

From BBC News

Damenech Zewudie decided it was time to strike out on her own after 33 years working in secretarial and administrative roles for various employers in Addis Ababa.

Now she is the proud owner of a two-month-old business selling injera, the large, thin pancake-like staple which is the base of almost every Ethiopian meal.

“I never used to think about owning a business,” Damenech says. “Then I saw how no-one was selling injera where I live – so I took a chance.”

Damenech, who is in her 50s, achieved her late start in entrepreneurship after taking part in a state-run training and support scheme called the Entrepreneurship Development Program (EDP).

Launched in 2013 and co-funded by the United Nations, it is hoped that the $26 million initiative will help establish a new generation of entrepreneurs who will create jobs and boost economic growth.The program is provided for free, and will eventually be available throughout the whole country.

Although it doesn’t offer any financial support, so far it has provided training and advice to 1,000 people in four of Ethiopia’s 11 regions.

Written by James Jeffrey/Read more at BBC News