Gebeya, an Addis Ababa-based software trainer and job placement firm has received $500,000 from the International Finance Corporation (IFC), a member of the World Bank Group.

The $500,000, given through the Women Entrepreneurs Finance Initiative, or We-Fi program, will involve training of 250 female software developers and seed funding to 20 female entrepreneurs whose digital business ideas will be supported by Gebeya.

The entrepreneurs will receive technical and strategic guidance on business development from Gebeya, alongside advisory services from IFC worth $50,000—to support mentorship programs from globally recognized digital entrepreneurs.

“This commitment by the IFC in Ethiopia will allow us to prioritize women developers across our collective training modules and quickly mobilize them for the growing global demand,” stated Hiruy Amanuel, Co-Founder of Gebeya, Inc.

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