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List Of Companies Of Ethiopia
Ethiopia is a country located in the Horn of Africa. According to the IMF, Ethiopia was one of the fastest-growing economies in the world, registering over 10% economic growth from 2004 through 2009. It was the fastest-growing non-oil-dependent African economy in the years 2007 and 2008. In 2015, the World Bank highlighted that Ethiopia had witnessed rapid economic growth with real domestic product (GDP) growth averaging 10.9% between 2004 and 2014. Notable firms This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct. File:Ethiopian Commercial Bank Addis Abeba.jpg, A Commercial Bank of Ethiopia building in Addis Ababa. File:Ethiopian Airlines Boeing 787-8 ET-AOS FRA 2012-10-28.png, An Ethiopian Airlines Boeing 787 Dreamliner at Frankfurt Airport. File:Bus addis abeba ...
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Ethiopia (orthographic Projection)
Ethiopia, , om, Itiyoophiyaa, so, Itoobiya, ti, ኢትዮጵያ, Ítiyop'iya, aa, Itiyoppiya officially the Federal Democratic Republic of Ethiopia, is a landlocked country located in the Horn of Africa. It shares borders with Eritrea to the Eritrea–Ethiopia border, north, Djibouti to the Djibouti–Ethiopia border, northeast, Somalia to the Ethiopia–Somalia border, east and northeast, Kenya to the Ethiopia–Kenya border, south, South Sudan to the Ethiopia–South Sudan border, west, and Sudan to the Ethiopia–Sudan border, northwest. Ethiopia has a total area of . , it is home to around 116.5 million inhabitants, making it the List of countries and dependencies by population, 13th-most populous country in the world, the List of African countries by population, 2nd-most populous in Africa after Nigeria, and the most populated landlocked country on Earth. The national capital and largest city, Addis Ababa, lies several kilometres west of the East African Rift that s ...
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Ethiopian Airlines
Ethiopian Airlines (commonly referred to as Ethiopian; am, የኢትዮጵያ አየር መንገድ, translit=Ye-Ītyōṗṗyā āyer menged), formerly ''Ethiopian Air Lines'' (EAL), is the flag carrier of Ethiopia, and is wholly owned by the country's government. EAL was founded on 21 December 1945 and commenced operations on 8 April 1946, expanding to international flights in 1951. The firm became a share company in 1965 and changed its name from ''Ethiopian Air Lines'' to ''Ethiopian Airlines''. The airline has been a member of the International Air Transport Association since 1959 and of the African Airlines Association (AFRAA) since 1968. Ethiopian is a Star Alliance member, having joined in . The company slogan is ''The New Spirit of Africa.'' Ethiopian's hub and headquarters are at Bole International Airport in Addis Ababa, from where it serves a network of 125 passenger destinations—20 of them domestic—and 44 freighter destinations. The airline has secondary ...
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Trans Nation Airways
Trans Nation Airways (officially Trans Nation Airways Pvt. Ltd. Co.) is a charter airline based in Addis Ababa, Ethiopia. It was established in 2004, following receipt of a Business Operating Certificate from the Ministry of Trade and an Air Operator Certificate from the Ethiopian Civil Aviation Authority The Ethiopian Civil Aviation Authority (ECAA, am, የኢትዮጵያ ሲቪል ኤቪዬሽን ባለሥልጣን) is an agency of the Ministry of Transport and Communications of the Government of Ethiopia. It was established under Proclamation .... TNA is a member of the MIDROC Ethiopia Technology Group. The airline operates scheduled flights from its hub in Addis Ababa to various domestic destinations. Fleet The Trans Nation Airways fleet consists of the following aircraft (as of August 2019): References External linksOfficial website Airlines of Ethiopia Airlines established in 2004 Charter airlines Transport in Addis Ababa Companies based in Addis Ababa 2004 e ...
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Sky Bus Transport System
Sky Bus Transport System Share Company is a first modern intercity coach transport company in Addis Ababa, Ethiopia. It was established by more than 3400 shareholders with a registered capital of birr 60 million. Overview Sky Bus is directed by a Board of Directors and managed and operated by highly qualified professionals in various disciplines and many years of experience in the transport sector, it is now functioning across ten major destinations in Ethiopia. The firm has also announced plans to cover the whole country in the coming few years and expand service to other nations in the Horn of Africa. The bodies of the buses are manufactured by Jinhun Youngman, automobile manufacturing company of China, in joint venture with Neoplan of Germany. The buses are luxury coaches powered by world-class MAN 310 horsepower engines. In addition, ZF manufactured our buses’ axles (front and rear) and gearboxes with air suspensions and leveling mechanisms. The steering and brake systems ar ...
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Selam Bus Line Share Company
Selam Bus Line Share Company (Selam Bus Line S.C.) is one of the largest long distance bus companies in Ethiopia. It was founded in 1996 by the Tigray Development Association (TDA) to address the nationwide need for public transportation. The firm commenced operations on 9 April 1996 with a fleet of 25 IVECO buses. Selam Bus Line currently provides service to more than 17 cities in Ethiopia. Overview In an effort to increase market share, the firm sold 6,000 shares in October 2006 through Wegagen Bank and its main office based in Mek'ele. They had a par value of 5,000 birr. Shares worth six million birr were sold to 700 new shareholders."Selam Bus changes course to tour operations"
''Capital'', Ethiopia website (accessed April 17, 2009)
In November 2008, the company anno ...
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Oromia International Bank
Oromia Bank (OB) is a private bank based in Addis Ababa, Ethiopia Ethiopia, , om, Itiyoophiyaa, so, Itoobiya, ti, ኢትዮጵያ, Ítiyop'iya, aa, Itiyoppiya officially the Federal Democratic Republic of Ethiopia, is a landlocked country in the Horn of Africa. It shares borders with Eritrea to the .... It was established on 18 September 2008. Overview Oromia Bank S.C began operation on 25 October 2008 with a starting capital of 110 million birr (Br), surpassing the minimum capital requirement by 35 million Br. With its headquarters located in front of Dembel City Centre, near Getu Commercial Center in its own 13 story building on Africa Avenue (Bole Road). Established with the commercial banking business objectives, OIB is undertaking a universal commercial banking services such as deposit mobilization, lending of money, remittance service, and international banking services and interest free banking. The Bank has now launched Electronic banking systems such as ...
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Bank Of Abyssinia
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the a ...
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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 ...
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Hyundai Motor Company
Hyundai Motor Company, often abbreviated to Hyundai Motors ( ) and commonly known as Hyundai (, ; ), is a South Korean multinational automotive manufacturer headquartered in Seoul, South Korea, and founded in 1967. Currently, the company owns 33.88 percent of Kia Corporation, and also fully owns two marques including its luxury cars subsidiary, Genesis Motor, and an electric vehicle sub-brand, Ioniq. Those three brands altogether comprise the Hyundai Motor Group. Hyundai operates the world's largest integrated automobile manufacturing facility in Ulsan, South Korea which has an annual production capacity of 1.6 million units. The company employs about 75,000 people worldwide. Hyundai vehicles are sold in 193 countries through 5,000 dealerships and showrooms. History Chung Ju-Yung (1915–2001) founded the Hyundai Engineering and Construction Company in 1947. Hyundai Motor Company was later established in 1967, and the company's first model, the Cortina, was re ...
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Marathon Motors Engineering
The Marathon Motor Engineering, Plc. is a joint venture between South Korean automobile manufacturer Hyundai Motor Company and Ethiopian former long-distance runner Haile Gebrselassie. The company is located in Addis Ababa, Ethiopia, and was founded in 2009. The firm is the official general importer of Hyundai vehicles in Ethiopia. For the first time, the company was presenting itself on the press conference of the Haile Resort presentation in Awasa. Currently, it cooperates with Hyundai running the erected automobile assembly plant in Nifas Silk-Lafto, Addis Ababa, which had been inaugurated in February 2019. As of July 2020, it already started assembling the electric Hyundai Ioniq The Hyundai Ioniq is a compact five-door liftback manufactured and marketed by Hyundai. The nameplate ''Ioniq'' is a portmanteau of '' ion'' and ''unique''. It is marketed as the first automobile to be offered without a standard internal comb .... References {{Automotive industry in Ethiopi ...
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Heineken International
Heineken N.V. () is a Dutch multinational brewing company, founded in 1864 by Gerard Adriaan Heineken in Amsterdam. , Heineken owns over 165 breweries in more than 70 countries. It produces 348 international, regional, local and speciality beers and ciders and employs approximately 85,000 people. With an annual beer production of 241300000 hectolitres in 2019, and global revenues of 23.894 billion euro in 2019, Heineken N.V. is the number one brewer in Europe and one of the largest brewers by volume in the world. Heineken's Dutch breweries are located in Zoeterwoude, 's-Hertogenbosch and Wijlre. The original brewery in Amsterdam, closed in 1988, is preserved as a museum called Heineken Experience. Since the merger between the two largest brewing empires in the world, Anheuser-Busch InBev and SABMiller, in October 2016, Heineken has been the second-largest brewer in the world. History Gerard Adriaan Heineken The Heineken company was founded in 1864 when the 22-year-old ...
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Harar
Harar ( amh, ሐረር; Harari: ሀረር; om, Adare Biyyo; so, Herer; ar, هرر) known historically by the indigenous as Gey (Harari: ጌይ ''Gēy'', ) is a walled city in eastern Ethiopia. It is also known in Arabic as the City of Saints ( ar, مدينة الأَوْلِيَاء). Harar is the capital city of the Harari Region. The ancient city is located on a hilltop in the eastern part of the country and is about five hundred kilometers from the Ethiopian capital Addis Ababa at an elevation of . For centuries, Harar has been a major commercial center, linked by the trade routes with the rest of Ethiopia, the entire Horn of Africa, the Arabian Peninsula, Asia, and through its ports, the outside world. Harar Jugol, the old walled city, was listed as a World Heritage Site in 2006 by UNESCO in recognition of its cultural heritage. Because of Harar's long history of involvement during times of trade in the Arabian Peninsula, the Government of Ethiopia has made it a crimina ...
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