Not coming to Ethiopia to Invest unless central bank rectifies the wrongful appropriation of diaspora shares – Sophia Bekele Eshete

Not coming to Ethiopia to Invest unless central bank rectifies the wrongful appropriation of diaspora shares – Sophia Bekele

The monies and profits confiscated from the sale of the diaspora shares should be returned in full Op-Ed By Sophia Bekele Eshete, Addis Fortune | July 20, 2019 The National Bank of Ethiopia (NBE) passed a guideline about relinquishing shares in banks owned by foreign nationals of Ethiopian origin in 2016. The majority of the public, particularly the intellectuals and legal experts who understood what happened with the sale of the shares by the central bank and the financial institutions, know that it was a huge mistake. Various voices have…

Read More

Ethiopians in diaspora allowed to invest in banking, insurance sectors after a precedence setting court victory in 2017 by Sophia Bekele

“Sophia took up the gauntlet and headed to the court to vindicate her right” The National Bank of Ethiopia (NBE), the agency in charge of regulating the financial sector of the country, will soon introduce a new regulation that will allow Ethiopians in the diaspora to invest in the financial sector that includes banking, insurance and micro finance. The Council of Ministers during its extraordinary meeting approved the Draft Banking Business Proclamation, allowing Diaspora citizens to establish banks in Ethiopia. This was indicated by Yinager Desse (PhD), Governor of NBE,…

Read More

Sophia Bekele honoured with Champion of Development Award at the 2018 AfricaLink Solidarity Awards in Switzerland

Sophia Bekele, Founder and CEO of DotConnectAfrica Group, has been honoured with Champion of Development Award during the 2018 AfricaLink Solidarity Awards and symposium in Switzerland  for her initiative Miss.Africa Digital Initiative which hundreds of young women and girls have benefited from through training opportunities or applications supported by the Miss.Africa Seed Funding. Three other leaders and two organizations we also awarded during the same ceremony, they are: Mr. Léonard H. Bindzi, Mr. Osvaldo dos Santos Varela, Ms. Claudinah Ntini Ramosepele while the two organisations are Fund for Development and Partnership…

Read More

Bekele calls for the business world to balance between profit and social impact at the 2018 EurAfrican forum in Portugal

To build its social capital,”The world needs to find the right balance between profit and social impact”. Sophia Bekele Founder & CEO of DotConnectAfrica Group Joined other distinguished speakers at the one-day exclusive High-Level 2018 EurAfrican forum held under the High Patronage of the President of the Portuguese Republic, Marcelo Rebelo de Sousa and the Government of Portugal who pleaded for a “sustainable” strategy for Europe and Africa that builds bridges between the two continents This year’s forum which was organized by special invite, is themed “Crafting Coalitions for Change,…

Read More

UN CSTD: Next generation tech-preneurship will be led by Teenpreneurs, Bekele

Start-ups need to stridently move from talking the blue-print to tangibles in the tech space and that next generation tech-preneurship will be led by #Teenpreneurs, who have it in their DNA . The 21st Commission on Science and Technology for Development  UNCSTD was held at the United Nations HQ, Palais des Nations, Geneva, from Monday, 14 May to Friday, 18 May 2018. Among the distinguished speakers sat in a high level panel included Sophia Bekele Founder & CEO of DotConnectAfrica who discussed the impact of rapid technological change on the…

Read More

DotConnectAfrica founder, Sophia Bekele, wins monumental court case against National Bank of Ethiopia

Photo: DCA Founder and CEO Sophia Bekele speaking during the African Women’s Forum Special Program, Crans Montana Forum, #CMF17 Barcelona (Spain). Sophia Bekele, an Ethiopian native with American nationality has won a milestone legal battle against Ethiopia’s Central Bank – that is the National Bank of Ethiopia – whose decision led her to lose shares she inherited from her late father, the Founder of both United Bank and United Insurance,  at an undervalued rate at both institutions. Ms. Bekele, a global entrepreneur and the CEO of DotConnectAfrica (DCA) Group – one…

Read More

UNESCO LearningCities2017: Sophia Bekele Spoke on Learning throughout life For Sustainable Development of Cities

Sophia Bekele

PHOTO: Sophia Bekele Speaking on the third International Conference on Learning Cities at Cork City, Ireland Learning cities are a crucial driver in the achievement of the 2030 Agenda for Sustainable Development, advocates UNESCO. Among the set SDG targets is a goal to achieve inclusive and equitable quality education for all which requires increasing efforts, especially in sub-Saharan Africa and Southern Asia and for other vulnerable populations. Based on this, the third annual UNESCO ‘Learning Cities Conference’ that took place in Cork City  Ireland, was a real game changer for…

Read More

#SheTechsAfrica: Miss.Africa Seed Fund Announces its 2016/17 Prize Winners

Closing the global digital gender divide is a pressing concern. Women are yet to reach their full potential as participants in all aspects of society. Closing this digital gender gap can help empower women and girls to actively participate in governance as civil society members and political leaders. The Miss.Africa digital Program, a Pan-African trust program of DotConnectAfrica (DCA) , is aimed in attracting more young girls and women to the Internet platform to enable them form a sizable demographic of Internet users in Africa, thereby involving them in complementary…

Read More

CIO Names Founder & CEO of DotConnectAfrica Sophia Bekele “Industry Trailblazer and Internet-Governance Pioneer”

CIO East Africa has been following Bekele’s work for many years now and so did we, at ITBusinessdirect.  No wonder the influential Business and Tech News Magazine in its May Issue 2017 decided to lay out a two page  spread and a cover note on this impressive Women-In-Tech and “her significant contribution to her field” entitled “MEET SOPHIA BEKELE – Industry Trailblazer and Internet Governance Pioneer”. True enough, Bekele’s career reads as one that simply picks up and champion the most challenging causes that society has neglected or that have…

Read More

Eight most influential Women in the Tech Scene

Its still considered a man’s world, a Male dominated arena. However, the global technology industry has plenty of women in leading roles. Many of the influential women have invested in innovate companies both locally and abroad in a bid to change the several perceptions on women in technology. As of now, Women are playing some major roles in the tech scene as opposed the previous perceptions. From roles in the financial and HR departments, women have taken senior posts in tech giant companies and have as well created a voice…

Read More