Endowment Fund for the Rehabilitation of Tigray
The Endowment Fund for the Rehabilitation of Tigray (EFFORT) is a conglomerate of businesses factories mainly based in Tigray Region, Ethiopia in order to improve the local economy that was devastated by the Ethiopian Civil War and the 1983–1985 famine.[1][2]
Name | Industry |
---|---|
Mesebo Cement/Building | Construction |
Sur Construction | |
Mesfin Engineering | |
Maichew Particleboard | |
Romanat Packaging | |
Almeda Textile/Garment | Textiles |
Sheba Leather | |
National Geotextile/Gabion | |
Guna Trading | Agriculture |
Hiwot Agriculture | |
Bruh Tesfa Irrigation | |
Raya Field Agroprocessing | |
Abergelle Livestock | |
Ezana Mining | Mining |
Saba Stones | |
TransEthiopia | Transportation |
Addis Pharmaceuticals | Pharmaceuticals |
Native name | ንዳውመንት ፈንድ ፎር ዘ ሪሃብልቴሽን of ትግራይ |
---|---|
Industry | Textiles, Transportation, Agriculture, Construction, Mining, Construction Materials |
Founded | 1995 |
Area served | Ethiopia |
Note: EFFORT only has a 49 percent stake in Addis Pharmaceuticals, the majority holder being Mulugeta Guade Mengiste (a large Amhara private capitalist).[3] EFFORT no longer owns Selam Horticulture, Dimma Honey, and Raya Field Agroprocessing.[1]
References
- Vaughan, Sarah; Gebremichael, Mesfin (2011). Rethinking business and politics in Ethiopia: The role of EFFORT, the Endowment Fund for the Rehabilitation of Tigray. London: Overseas Development Institute. pp. 6–61.
- Young, John (March 1997). "Development and Change in Post-Revolutionary Tigray". The Journal of Modern African Studies. 35: 85–86. doi:10.1017/s0022278x97002346. JSTOR 162055.
- Milkias, Paulos (August 2018). "Ethiopia, The TPLF and Roots of the 2001 Political Tremor". International Conference on African Development Archives: 18.
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