en.Wedoany.com Reported - A multi-stakeholder project led by the Safaricom Ethiopia Foundation has been officially launched, aiming to create sustainable livelihood opportunities for vulnerable groups such as returnees and the unemployed in Addis Ababa through the construction of micro-commercial spaces.

Safaricom Ethiopia Telecommunications PLC, through its foundation, signed a Memorandum of Understanding (MoU) with the United Nations Human Settlements Programme (UN-Habitat), the Addis Ababa City Labor and Skills Bureau, and the Workplace Development and Administration Authority to jointly launch the Addis Tesfa Phase I Kiosk Project.

At the signing ceremony, representatives from partner organizations attended, including Bethlehem Tameru, Head of the Safaricom Ethiopia Foundation; Million Mathewos, Deputy Mayor of Addis Ababa and Head of the Labor and Skills Bureau; Aida Awel, Director of the Workplace Development and Administration Authority; Omar Sylla, Director of the UN-Habitat Regional Office for Africa; and Dr. Andualem Admassie, Chief External Affairs Officer of Safaricom Ethiopia.

According to the agreement, the total investment for the project is $300,000, with Safaricom Ethiopia Telecommunications contributing $200,000 and UN-Habitat contributing $100,000. The funds will be used to construct 100 kiosks, providing affordable commercial spaces for small-scale entrepreneurs. According to the Safaricom Ethiopia Foundation, the project is expected to directly benefit over 200 people, promoting economic inclusion and strengthening local livelihoods through access to sustainable income-generating activities.

This initiative is seen as a typical case of public-private development partnership, demonstrating collaboration between government agencies, international organizations, and the private sector in addressing unemployment and promoting community development. The Addis Tesfa Phase I project is an integral part of Ethiopia's efforts to support its socio-economic development agenda through targeted interventions such as promoting entrepreneurship, skills development, and inclusive economic growth.

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