Metals And Engineering Corporation
METEC (acronym for Metals and Engineering Corporation) is an Ethiopian arms and machinery industry founded in 2010. Being the state largest military industrial complex, it is responsible for the production of military equipment and civilian products. METEC works with foreign companies such as Alstom from France, and Spire Corporation from America. Controversy Grand Ethiopian Renaissance Dam METEC was once responsible for constructing the $4 billion Grand Ethiopian Renaissance Dam project on the River Nile, expected to be Africa’s biggest hydroelectric project, but was ousted from the contract in August 2018. Kinfe Dagnew, a Brigadier General in Ethiopia’s army and former chief executive of METEC plays a significant role in the organization. The company was assigned development of Grand Ethiopian Renaissance Dam and sugar factory, as well as the Jinka Sugar Bag factory. On 12 November 2018, all assigned project canceled due to fail to complete, and government arrested Kinfe D ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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State-owned Enterprise
A state-owned enterprise (SOE) is a government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn profit for the government, control monopoly of the private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs are government entities established to pursue financial objectives and dev ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Dejen Aviation Engineering Industry
The Dejen Aviation Engineering Industry (DAVI) is a center for overhauling and upgrading military aircraft. Its primary objective is to provide depot level maintenance and carry out upgrading/modification to the fleet of the Ethiopian Air Force. It is one of the Defense organizations of the Ethiopian Defense Industry under the Ministry of Defense. History The aircraft overhauling center was started in mid-1980s as a project under the name Aircraft Heavy Maintenance Center to overhaul MiG-21 and MiG-23 aircraft of the Ethiopian Air Force. The center was intended to have a capacity for overhauling 50 aircraft annually. It never reached full capability by the time the civil war ended in 1991. In 1995, the transitional government started reevaluating the project. A team was formed from different organizations and the scope of the center was enlarged to include overhaul of helicopters and transports in addition to fighters as well as carry out upgrade/modification work. The project wa ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Companies Based In Addis Ababa
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Ethiopian National Defense Force
The Ethiopian National Defense Force (ENDF) ( am, የኢፌዲሪ መከላከያ ሠራዊት, Ye’īfēdērī mekelakeya šerawīt, lit=FDRE Defense Force) is the military force of Ethiopia. Civilian control of the military is carried out through the Ministry of Defense, which oversees the Ground Forces, Air Force, Naval Force as well as the Defense Industry Sector. History The Ethiopian army's origins and military traditions date back to the earliest history of Ethiopia. Due to Ethiopia's location between the Middle East and Africa, it has long been in the middle of Eastern and Western politics and has been subject to foreign invasion and aggression. In 1579, the Ottoman Empire's attempt to expand from a coastal base at Massawa during the Ottoman conquest of Habesh was defeated. The Army of the Ethiopian Empire was also able to defeat the Egyptians in 1876 at Gura, led by Ethiopian Emperor Yohannes IV. Clapham wrote in the 1980s that the "Abyssinians ad sufferedfrom a ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Commercial Bank Of Ethiopia
The Commercial Bank of Ethiopia (CBE) is the largest commercial bank in Ethiopia. As of June 2021, it had about 1.1 trillion birr in assets and held approximately 67% of deposits and about 53% of all bank loans in the country. The bank has around 22,908 employees, who staff its headquarters and its over 1000+ branches positioned in the main cities and regional towns. The latter include 120 branches in the national capital Addis Ababa. With the opening of a branch in the Gechi in the Illubabor Zone, CBE's banking network has reached online 783 branches. The bank has reached 1284 branches as of 10 August 2018. The bank also operates two branches in South Sudan. It is contemplating re-opening a branch in Djibouti, and opening branches in Dubai and Washington, DC, all to serve the Ethiopian diaspora. The bank is pioneer to introduce modern banking to Ethiopia and credited for playing a catalytic role in the economic progress and development of the country. It is also the first b ... [...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 mil ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Abiy Ahmed
Abiy Ahmed Ali ( om, Abiyi Ahmed Alii; am, አብይ አሕመድ ዐሊ; born 15 August 1976) is an Ethiopian politician who has been the 4th prime minister of the Federal Democratic Republic of Ethiopia since 2 April 2018. He won the 2019 Nobel Peace Prize for his work in ending the 20-year post-war territorial stalemate between Ethiopia and Eritrea. Abiy was the third chairman of the Ethiopian People's Revolutionary Democratic Front (EPRDF) that governed Ethiopia for 28 years and the first Oromo in that position. Abiy is an elected member of the Ethiopian parliament, and was a member of the Oromo Democratic Party (ODP), one of the then four coalition parties of the EPRDF, until its rule ceased in 2019 and he formed his own party, the Prosperity Party. In June 2020, Abiy, in concert with the National Election Board of Ethiopia (NEBE), decided to postpone scheduled parliamentary elections due to the COVID-19 pandemic. This move prompted criticism, especially from the ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Sudan
Sudan ( or ; ar, السودان, as-Sūdān, officially the Republic of the Sudan ( ar, جمهورية السودان, link=no, Jumhūriyyat as-Sūdān), is a country in Northeast Africa. It shares borders with the Central African Republic to the southwest, Chad to the west, Egypt to the north, Eritrea to the northeast, Ethiopia to the southeast, Libya to the northwest, South Sudan to the south and the Red Sea. It has a population of 45.70 million people as of 2022 and occupies 1,886,068 square kilometres (728,215 square miles), making it Africa's List of African countries by area, third-largest country by area, and the third-largest by area in the Arab League. It was the largest country by area in Africa and the Arab League until the 2011 South Sudanese independence referendum, secession of South Sudan in 2011, since which both titles have been held by Algeria. Its Capital city, capital is Khartoum and its most populated city is Omdurman (part of the metropolitan area of Khar ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Jinka
Jinka is a market town in southern Ethiopia. Located in the hills north of the Tama Plains, this town is the capital of the Debub Omo Zone of the Southern Nations, Nationalities, and Peoples Region. Currently Jinka is the center of Jinka town administration. Jinka has a latitude and longitude of and an elevation of 1490 meters above sea level. It is one of the most famous tourist destinations in the country. It is also an important center for at least sixteen indigenous ethnic groups as well as others from the rest of the country. Overview Jinka is home to the German-funded South-Omo Museum and Research Center and an airstrip (IATA code BCO). Postal service is provided by a main branch; electricity and telephone service are also available. Its market day is Saturday. The Mago National Park, 40 kilometers south by unpaved road, is a nearby attraction. The local clinic was reported in 1996 to be in the process of upgrading to hospital status, which would become the first in th ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Nile
The Nile, , Bohairic , lg, Kiira , Nobiin: Áman Dawū is a major north-flowing river in northeastern Africa. It flows into the Mediterranean Sea. The Nile is the longest river in Africa and has historically been considered the longest river in the world, though this has been contested by research suggesting that the Amazon River is slightly longer.Amazon Longer Than Nile River, Scientists Say Of the world's major rivers, the Nile is one of the smallest, as measured by annual flow in cubic metres of water. About long, its covers eleven countries: the [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Grand Ethiopian Renaissance Dam
, image = , image_caption = The main dam after first filling , image_alt = , location_map_caption = , coordinates = , country = Ethiopia , location = Guba, Benishangul-Gumuz Region , purpose = Power , status = UC , construction_began = 2 April 2011 , opening = 21 July 2020 , cost = US$5 billion , owner = Ethiopian Electric Power , dam_type = Gravity, roller-compacted concrete , dam_crosses = Blue Nile River , dam_height_foundation = , dam_height_thalweg = , dam_length = , dam_elevation_crest = , dam_width_crest = , dam_width_base = , dam_volume = , spillway_count = 1 gated, 2 ungated , spillway_type = 6 sector gates for the gated spillway , spillway_capacity = for the gated spillway , res_name = Millennium Reservoir , res_capacity_total = , res_capacity_active = , res_capacity_inactive = , res_catchment = , res_surface = , res_max_length = , res_max_width = , res_max_depth = , res_elevation = , res_tidal_range = , plant_ ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Alstom
Alstom SA is a French multinational corporation, multinational rolling stock manufacturer operating worldwide in rail transport markets, active in the fields of passenger transportation, signalling, and locomotives, with products including the AGV (train), AGV, TGV, British Rail Class 373, Eurostar, Avelia Horizon, Avelia and New Pendolino high-speed trains, in addition to suburban, regional and metro trains, and Alstom Citadis, Citadis trams. Alsthom (originally Als-Thom) was formed by a merger between Thomson-Houston Electric Company, Compagnie Française Thomson-Houston and the electric engineering division of Société Alsacienne de Constructions Mécaniques in 1928. Significant later acquisitions included the Constructions Electriques de France (1932), shipbuilder Chantiers de l'Atlantique (1976), and parts of Ateliers de Constructions Electriques de Charleroi, ACEC (Belgium, late-1980s). A merger with parts of the General Electric Company (UK) formed GEC Alsthom in 1989. T ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |