Ethiopia's commitment to entrepreneurship has yielded significant economic progress over the past three years, according to the Ministry of Labor and Skills (MoLS).
Speaking at the 2024 Global Entrepreneurship Week (GEW), Minister Muferihat Kamil emphasized entrepreneurship's crucial role in job creation and economic reform.
While acknowledging substantial achievements driven by recent reforms, she stressed the need for continued efforts to fully realize the sector's potential.
The establishment of the Entrepreneurship Development Institute (EDI) exemplifies the government's dedication to empowering entrepreneurs and alleviating poverty through innovation.
EDI CEO Hassen Hussein highlighted entrepreneurship's impact on livelihoods and its potential to address unemployment.
Innovation and Technology Minister Belete Molla further underscored the sector's economic contribution, emphasizing the need for collaborative action to capitalize on the numerous opportunities available.
Ethiopia's tenth annual GEW celebration, themed "Entrepreneurship is for Everyone," brought together diverse stakeholders – including the private sector, students, and policymakers – to address challenges and opportunities.
This national focus, coupled with ongoing government initiatives, is fostering a dynamic entrepreneurial ecosystem that promises sustainable economic growth and job creation. The story is from Ethiopian Press Agency.