Diaspora trust fund commits half million dollar medical aid fund



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The Ethiopian Diaspora Trust Fund (EDTF) has committed a half-million dollar medical aid fund to mitigate the current critical shortage of life-saving medicines and medical supplies in Ethiopia.

The trust fund also launched a fundraising campaign to generate a similar number of donors, an EDTF press release added.

The total amount, expected to be $ 1 million, will go towards mitigating the shortage of medical supplies in many health institutions due to the recent humanitarian crisis.

The Ethiopia Diaspora Trust Fund declared that it was the largest individual donor to the COVID-19 crisis in Ethiopia and has acquired and delivered medical supplies worth more than one million one hundred and seventy-three thousand dollars.

EDTF’s contribution and impact towards the COVID-19 initiative and the launch of other development projects is a true testament to its dedication and generosity, the press release added.

In the past two years, the fund has mobilized more than 26,000 donors from 93 countries, established 48 chapters, engaged more than 200 volunteers, raised more than $ 7 million in donations, and established a process to identify and finance socio-economic development projects. responded to priority needs, learned.

In 2020, you have achieved significant milestones in building a sustainable organization that will transcend generations.

In addition, it approved one million three hundred forty-two thousand USD to finance five development projects and transferred one hundred sixty-five thousand nine hundred thirty-nine USD to Ethiopia to initiate these projects.

According to ENA, the Ethiopian Diaspora Trust Fund Advisory Council, established on August 9, 2018, created Friends of EDTF as an independent non-profit organization to advance the mission of improving the lives of disadvantaged Ethiopians by involving the global Ethiopian diaspora from all walks of life.

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