Development Bank Of Ethiopia
The Development Bank of Ethiopia (DBE) is a specialized state-owned development financial institution, which is supervised by the Public Financial Enterprises Agency in Ethiopia. The Development Bank of Ethiopia was the first development finance institution in Ethiopia and as such it was designed to: "(a) assist in the development of industrial and agricultural production... (and) (b) foster the investment of private capital for productive purposes..." History The goal of this bank is to promote economic development via financing commerce, industry, agriculture, and manufacturing. Each period of Ethiopian political history has used the bank for different purposes. Thus, the bank has changed its name several times: Imperial government (−1974) The bank was established in 1909 as the Societe Nationale d'Ethiopie Pour le Development de l'agriculture et de Commerce. In 1945, the Agricultural Bank was established but was replaced by the Development Bank in 1951. In 1970, the b ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Shiferaw Shigute
Shiferaw Shigute ( am, ሸፈራው ሸጉጤ, ''shefärawə shegut'ē'') is an Ethiopian politician who was the Ethiopian Minister of Agriculture & Livestock, Minister of Education, President of the SNNPR, and Chairman of the then SEPDM (Southern Ethiopian People's Democratic Movement), one of the parties that made up the current ruling Prosperity Party of Ethiopia (PB). Career Shiferaw has served in regional government of the SNNPR as departmental head in different sectors such as the Regional State Audit Bureau and the Capacity Building Coordination Bureau. He also served as Deputy-President of the region's government. Finally, before becoming the Minister of Education, he was President of the SNNPR for more than seven years. He served Minister of Education from 2013 to 2016, and served as President of the Southern Nations, Nationalities, and Peoples' Region from 2006 to 2013. He has been serving as the Chairman of SEPDM, the ruling party in the SNNPR, until 25 June 2018 wh ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Illubabor Province
Illubabor (Amharic: ኢሉባቦር) was a province in the south-western part of Ethiopia, along the border with Sudan. The name Illubabor is said to come from two Oromo words, "Illu" and "Abba Bor(a)". "Illu" is a name of a clan, and "Abba Bor" was the horse name of Chali Shone, who founded the ruling family of the area when it was conquered by Shewa; hence IlluAbabor means the Illu belonging to Ababor(a). Originally, its capital city was Gore, then around 1978 the capital was moved to Metu. With the adoption of new constitution in 1995, the territory of Illubabor was divided between the Gambela, Oromia and the Southern Nations, Nationalities, and Peoples Regions of Ethiopia. History Illubabor was, by the late 19th century, an Oromo state facing the prospect of forcibly being absorbed into the Ethiopian Empire, whose reconsolidation of authority over long-abandoned peripheral territories had been intensifying since the ascension of Menelik II, who had begun his southern ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Ethiopian People's Revolutionary Democratic Front
The Ethiopian People's Revolutionary Democratic Front (EPRDF; am, የኢትዮጵያ ሕዝቦች አብዮታዊ ዲሞክራሲያዊ ግንባር, translit=Ye’Ītiyop’iya Ḥizibochi Ābiyotawī Dīmokirasīyawī Ginibari) was an ethnic federalist political coalition in Ethiopia that existed from 1988 to 2019. It consisted of four political parties, namely Tigray People's Liberation Front (TPLF), Amhara Democratic Party (ADP), Oromo Democratic Party (ODP) and Southern Ethiopian People's Democratic Movement (SEPDM). After leading the overthrow of the People's Democratic Republic of Ethiopia, it dominated Ethiopian politics from 1991 to 2019. In November 2019, the EPRDF was dissolved, and Prime Minister and EPDRF chairman Abiy Ahmed merged three of the constituent parties (not including the TPLF) into his new Prosperity Party, which was officially founded on 1 December 2019. History During the Ethiopian Civil War, the EPRDF was a rebel group battling the Derg, a mili ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Transitional Government Of Ethiopia
The Transitional Government of Ethiopia (TGE) was an era established immediately after the Ethiopian People's Revolutionary Democratic Front (EPRDF) seized power from the Marxist-Leninist People's Democratic Republic of Ethiopia (PDRE) in 1991. During the transitional period, Meles Zenawi served as the president of the TGE while Tamrat Layne was prime minister. Among other major shifts in the country's political institutions, it was under the authority of the TGE that the realignment of provincial boundaries on the basis of ethnolinguistic identity occurred. The TGE was in power until 1995, when it transitioned into the reconstituted Federal Democratic Republic of Ethiopia that remains today. Background In May 1991, the PDRE (1987-1991) was overthrown by forces consisting of the TPLF and the TPLF-controlled EPRDF with the promise that a recognition of human rights, democracy, the liberalization of the economic sector, and political rehabilitation were soon to follow. The PDRE ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Derg
The Derg (also spelled Dergue; , ), officially the Provisional Military Administrative Council (PMAC), was the military junta that ruled Ethiopia, then including present-day Eritrea, from 1974 to 1987, when the military leadership formally " civilianized" the administration but stayed in power until 1991. The Derg was established in June 1974 as the Coordinating Committee of the Armed Forces, Police and Territorial Army, by officers of the Ethiopian Army and Police led initially by chairman Mengistu Haile Mariam. On 12 September 1974, the Derg overthrew the government of the Ethiopian Empire and Emperor Haile Selassie during nationwide mass protests, and three days later formally renamed itself the Provisional Military Administrative Council. In March 1975 the Derg abolished the monarchy and established Ethiopia as a Marxist-Leninist state with itself as the vanguard party in a provisional government. The abolition of feudalism, increased literacy, nationalization, and swee ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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National Bank Of Ethiopia
The National Bank of Ethiopia (NBE) is the central bank of Ethiopia. Its headquarters are in the capital city of Addis Ababa. Mamo Mihretu is the current governor of the bank. The bank is active in promoting financial inclusion policy and is a member of the Alliance for Financial Inclusion (AFI). History On 15 February 1906, marked the beginning of banking in Ethiopia when the first Bank of Abyssinia was inaugurated by Emperor Menelik II. It was a private bank whose shares were sold in Addis Ababa, New York, Paris, London, and Vienna. The bank opened numerous branches including ones in Harar (1906), Dire Dawa (1908), Gore (1912), and Dese (1920). One of the first projects the bank financed was the Franco-Ethiopian Railway which reached Addis Ababa in 1917. The bank then opened a transit office in Djibouti in 1920. In 1931, Emperor Haile Selassie introduced reforms into the banking system. The Bank of Abyssinia was liquidated the newly established Bank of Ethiopia, a fully go ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Ethiopian Revolution
The Derg (also spelled Dergue; , ), officially the Provisional Military Administrative Council (PMAC), was the military junta that ruled Ethiopia, then including present-day Eritrea, from 1974 to 1987, when the military leadership formally " civilianized" the administration but stayed in power until 1991. The Derg was established in June 1974 as the Coordinating Committee of the Armed Forces, Police and Territorial Army, by officers of the Ethiopian Army and Police led initially by chairman Mengistu Haile Mariam. On 12 September 1974, the Derg overthrew the government of the Ethiopian Empire and Emperor Haile Selassie during nationwide mass protests, and three days later formally renamed itself the Provisional Military Administrative Council. In March 1975 the Derg abolished the monarchy and established Ethiopia as a Marxist-Leninist state with itself as the vanguard party in a provisional government. The abolition of feudalism, increased literacy, nationalization, and sweep ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Sidamo Province
Sidamo Province (Amharic: ሲዳሞ) was a province in the southern part of Ethiopia, with its capital city at Irgalem, and after 1978 at Awasa. It was named after an ethnic group native to Ethiopia, called the Sidama, who are located in the south-central part of the country. According to the old political division, Sidamo was bordered on the west by Gamu-Gofa, on the north by Shewa, on the north and east by Bale, a small portion on the southeast by Somalia, and on the south by Kenya. History With its extensive coffee plantations, Sidamo was a province with abundant revenues and assigned to its rule were nobles loyal to the Emperor, such as Dejazmach Balcha Safo, who governed it at different times before the Italian occupation. Its largest settlement was Hawassa (Awasa). Following the liberation of Ethiopia from Italy in 1942, the provinces of Borana and Welayta, created from conquered states of that name, were merged into Sidamo. Sidamo was the scene of a revolt of the G ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Kaffa Province
Kaffa ( Amharic: ከፋ) was a province on the southwestern side of Ethiopia; its capital city was Bonga. It was named after the former Kingdom of Kaffa or "Kefa". Kaffa was bordered on the west by Sudan, on the northwest by Illubabor, on the north by Walega, on the northeast by Shewa, on the east by Sidamo, and on the southeast by Gamu-Gofa. Legendary accounts state that the etymology of Kaffa is from the Arabic ''qahwah'' meaning "a drink from berries". According to legend, ancestors of today's Kaffa people in southwest Ethiopia were the first to cultivate the coffee plant and recognise the energising effect of the coffee beverage. See also * Kingdom of Kaffa * History of Ethiopia Ethiopia is one of the oldest countries in Africa, the emergence of Ethiopian civilization dates back thousands of years. Due to migration and imperial expansion, it grew to include many other primarily Afro-Asiatic-speaking communities, includ ... References {{Coord, 7, N, 37, E, ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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President (corporate Title)
A president is a leader of an organization, company, community, club, trade union, university or other group. The relationship between a president and a chief executive officer varies, depending on the structure of the specific organization. In a similar vein to a chief operating officer, the title of corporate president as a separate position (as opposed to being combined with a "C-suite" designation, such as "president and chief executive officer" or "president and chief operating officer") is also loosely defined; the president is usually the legally recognized highest rank of corporate officer, ranking above the various vice presidents (including senior vice president and executive vice president), but on its own generally considered subordinate, in practice, to the CEO. The powers of a president vary widely across organizations and such powers come from specific authorization in the bylaws like ''Robert's Rules of Order'' (e.g. the president can make an "executive decision" on ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Shewa
Shewa ( am, ሸዋ; , om, Shawaa), formerly romanized as Shua, Shoa, Showa, Shuwa (''Scioà'' in Italian language, Italian), is a historical region of Ethiopia which was formerly an autonomous monarchy, kingdom within the Ethiopian Empire. The modern Ethiopian capital Addis Ababa is located at its center. Modern Shewa includes the historical Endagabatan province. The towns of Debre Berhan, Antsokia, Ankober, Entoto and, after Shewa became a Provinces of Ethiopia, province of Ethiopia, Addis Ababa have all served as the capital of Shewa at various times. Most of northern Shewa, made up of the districts of Menz, Tegulet, Yifat (Ethiopia), Yifat, Menjar and Bulga, Ethiopia, Bulga, is populated by Christian Amhara people, Amharas, while southern Shewa is inhabited by the Gurages and eastern Shewa has large Oromo and Argobba people, Argobba Islam in Ethiopia, Muslim populations. The monastery of Debre Libanos, founded by Saint Tekle Haymanot, is located in the district of Selale, al ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Addis Ababa
Addis Ababa (; am, አዲስ አበባ, , new flower ; also known as , lit. "natural spring" in Oromo), is the capital and largest city of Ethiopia. It is also served as major administrative center of the Oromia Region. In the 2007 census, the city's population was estimated to be 2,739,551 inhabitants. Addis Ababa is a highly developed and important cultural, artistic, financial and administrative centre of Ethiopia. Addis Ababa was portrayed in the 15th century as a fortified location called "Barara" that housed the emperors of Ethiopia at the time. Prior to Emperor Dawit II, Barara was completely destroyed during the Ethiopian–Adal War and Oromo expansions. The founding history of Addis Ababa dates back in late 19th-century by Menelik II, Negus of Shewa, in 1886 after finding Mount Entoto unpleasant two years prior. At the time, the city was a resort town; its large mineral spring abundance attracted nobilities of the empire, led them to establish permanent settlement ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |