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]

EFFORT's major companies are:[1]
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
Endowment Fund for the Rehabilitation of Tigray
Native name
ንዳውመንት ፈንድ ፎር ዘ ሪሃብልቴሽን of ትግራይ
IndustryTextiles, Transportation, Agriculture, Construction, Mining, Construction Materials
Founded1995
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

  1. 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.
  2. 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.
  3. 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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