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This is a list of government-owned companies of Ethiopia. A Government-owned corporation is a legal entity that undertakes commercial activities on behalf of an owner government . There is no standard definition of a government-owned corporation (GOC) or state-owned enterprise (SOE), although the two terms can be used interchangeably.
METEC (acronym for Metals and Engineering Corporation) is an Ethiopian arms and machinery industry founded in 2010. [2] It is the state largest military industrial complex, 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 ...
Ethiopian People's Revolutionary Party: Efoytā [1] Addis Ababa: 1997 Fānā démokrāsi Amharic Ethiopian Herald [1] Addis Ababa: 1943 Ethiopian Press Agency (government) English Ethiopian Gazette [3] Toronto: 2018 AMG Brands Network English ethiopiangazette.com: Feteh: 2008–2012 [4] closed; chief editor Temesgen Desalegn arrested [5]
ADDIS ABABA (Reuters) -Ethiopia's military has pushed local militiamen out of two major towns in the Amhara region, residents said on Wednesday, in its first major battlefield breakthroughs since ...
About 60% Ethiopian labor population deployed to cash crop farming sector, which include spices, coffee, tea, cut flowers, honey, cotton, wheat, oilseeds, khat, beeswax, vegetables, fruits and pulses. The high-value oil seeds cultivated in Ethiopia for exports accounted $446 million while fruits and vegetables accounted $538 million in 2017. [1]
Homicho Ammunition Engineering Complex is the part of Metals and Engineering Corporation and is also one of the military production facilities of the Ethiopian Defense Industry Sector. It specializes in producing wide range of ammunition for use by the Ethiopian National Defense Force .
Location 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. [1] It was the fastest-growing non-oil-dependent African economy in the years 2007 and 2008. [2]
The 1975 nationalization of major industries scared off foreign private investment. Private direct investment, according to the National Bank of Ethiopia, declined from 65 million birr in 1974 to 12 million in 1977. As compensation negotiations between the Ethiopian government and foreign nationals dragged on, foreign investment virtually ceased.