Digital Power Of Attorney: Your Fast-Track Ticket To Transform Ethiopia.



Ethiopia is undergoing a transformation!

Ethiopia has registered an average GDP growth of 10.4% between the years 2004 and 2014. However, in spite of this rapid growth in GDP, the per capita GDP of Ethiopia is amongst the lowest in the world. However, in spite of all odds, the Ethiopian government is investing large sums of money on public infrastructure and industrial parks. The objective is to become the hub of light manufacturing of Africa. 

Due to the difficult economic conditions in the country a lot of Ethiopians migrated to different countries and started prospering there. Most of these people are doing very good for themselves in whichever countries they migrated to.

As their economic conditions started to improve, they wanted to give back to their home country in whatever way they could. However, the Ethiopian government soon realized that one of the biggest hurdles to this good gestures was the cumbersome process of getting the Power of Attorney. The process was so difficult that it used to take a minimum of 30 days to just obtain the power of attorney! Technology today has started transforming the world. In such a scenario, how could Ethiopia be left behind?   

With an objective of smoothening this process, revolutionary digital power of attorney (digital POA) was recently launched. The Ethiopian diaspora across the world has jumped on this revolutionary process and has already supported it wholeheartedly.

So what exactly is a digital Power of attorney and what is so special about it?

Power of attorney is a legal document that gives a person the power to act on behalf of another person. The person receiving the power of attorney has the broad / limited legal authority to take certain decisions on the first person behalf. The Ethiopian law requires that the receiver be based out of Ethiopia to undertake important activities like establishing a business in Ethiopia, settling family affairs, retire, manage medical emergencies or just investing money in Ethiopia on the first person's behalf.  All such activities require a power of attorney to be executed. Now with this revolutionary digital POA, a person can get the digital power of the attorney made in just fifteen minutes as compared to the earlier 30 days. 
           
In order to execute the digital POA, the person simply needs any one of the following documents:
·         Driving Licence
·         Green Card
·         State ID
·         Ethiopian Origin ID (Yellow ID) or a
·         Military ID

If the first person has any one of the above document, all he/she needs to do is
·         Create an account.
·         Choose the language of communication (English  / Amharic)
·         Execute the digital POA using a specially created platform.
·         Validate and sign the application at the Ethiopian embassy.
·         Upload supporting ID and
·         Start making the payments.

All this can be done while sitting in the convenience of your home or office and that too from anywhere in the world. This process of obtaining the digital POA has eliminated the delays and also the use of agents thereby saving time and money both.
A specially designed digital Embassy Platform has been created that is enabling some crucial activities that will help Ethiopia in the long run:
·         Giving speed to save time and money while obtaining the digital power of attorney.
·         Increase community engagement.
·         Improve transaction volume significantly.
·         Boost Foreign Direct Investment substantially.
·         Help establish business faster in Ethiopia
·         Lead to better governance by using technology

So, if you are a person of Ethiopian origin or want to invest in Ethiopia, then it is compulsory to have a power of attorney to proceed. And with the launch of a digital POA, this the process is not just 15 minutes and a few clicks away.

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