BY BACHA ZEWDIE
ADAMA-Oromia Job Opportunity Creation and Vocational Bureau recognized model entrepreneurs who enabled to raise their 46 million Birr initial capital to 2.3 billion Birr in a ceremony held here Sunday.
Speaking at the ceremony held under the motto “Entrepreneurs Transfer for National Prosperity,” Oromia State Chief Shimeles Abdissa stated that the awardees can practically prove that changing one’s livelihood is possible through work at home. Shimeles further noted that the entrepreneurs’ success showcases government’s determination in enabling the youth to work and prosper in their country and enhance their contribution in the overall economic growth.
He identified low saving habit, limited capacity of entrepreneurs and malpractices are the three major challenges in the sector. “Overcoming these challenges has become the order of the day to enable Ethiopia ascend to prosperity. In so doing, it would be possible to change the livelihoods of hundreds of thousands citizens.” Shimeles assured the government’s commitment to render support to the entrepreneurs in their efforts to change their livelihoods. Labor and Skills Minister Muferihat Kamil lauded the Oromia State Administration’s efforts for providing jobs for the youth and helping them to change their livelihoods.
This year’s 13th round transfer is of paramount importance for the nation’s economy. It is many folds greater than last year’s performance in capital amount, kinds of business and job opportunity. The region has set its own plan announcing its capacity and needs are more than the Ministry’s annual plan towards it. For the success registered in the region, the president’s role in giving qualified and committed leadership is recognizable, the Minister underscored.
Mesfin Melaku, Coordinator of Cities’ Cluster with the rank of Vice President of Oromia, on his part said the region has been and being working with commitment to uproot poverty of the people via preparing 10 years development plan, organizing associations, providing finance and production areas as well as providing training and creating market linkage. As a result, it is becoming successful carrying out tangible work by using its recourses and the people’s potential.
Matewos Seboka, Head of Oromia Job Opportunity Creation and Vocational Bureau, on his part said efforts of the entrepreneurs is promising in hard currency saving and import substitution. He assured that the bureau is beside them for their success and their contribution to the country’s prosperity. Earlier, there was exhibition of entrepreneurs since Thursday, 2 march, 2023 at Adama Mesqel Square, it was learned.
THE ETHIOPIAN WEDNESDAY 8 MARCH 2023
