Indiana University's Office of International Development was recently awarded a $500,000 grant from the U.S. Embassy in Addis Ababa, Ethiopia, to implement a new program, the Partnership in Business Entrepreneurship and Leadership Transformation, known as PiBELT. "PiBELT is a tool for poverty reduction, job creation and good governance," said Yibeltal Tarekegn Minwagaw, project co-director at Debre Markos University. Getahun Yemata, project co-director at Bahir Dar University, said the partnership is not just a business venture but also a cultural exchange. "The project is anticipated to bring improved awareness among students/trainees and leadership, improved entrepreneurship knowledge and skills, new businesses created, and improved capacity," he said. "The PiBELT project will pave the way for longer-term engagement and creation of new opportunities for collaboration in Africa," said Hannah Buxbaum, IU's vice president for international affairs.

Source: Ethiopian News October 16, 2020 17:37 UTC