List of all articles filed under “ethiopia-companies” category.
The Addis Ababa Chamber of Commerce and Sectoral Associations was set up in 1947 to create and foster an environment, in which businesses in Addis Ababa can develop and grow at a much faster pace. The Addis Chamber is the most active chamber in the country and currently has over 15,000 members.
Top Travel Companies in Ethiopia
In Ethiopia, where tourism potential is immense, there about 370 tour and travel agencies, some of them mainly involved in car rentals. The following travel companies are the top travel companies in Ethiopia in terms of the number of tourists they attracted to Ethiopia and the total amount of money they earned. The ranking was devised with respect to a recent report compiled by the Ministry of Culture and Tourism for the 2012/13 fiscal year. Even though the ranking remains subjected to fluctuations, the list of the top travel companies in Ethiopia will always include Green Land Tours & Hotels, Jacaranda Tours, Grant Express Travel and Tours Services and Travel Ethiopia. Green Land Tours & Hotels ranks as the best travel company given their history and experience in the tourism industry in Ethiopia.
Green Land Tours & Hotels – the top travel company in Ethiopia
The top travel company in Ethiopia—Green Land Tours & Hotels— is present not only in Ethiopia but also in neighboring countries such as Tanzania, Kenya, Sudan and Djibouti. The top travel company in Ethiopia managed to attract 1,225 tourists to Ethiopia during the 2012/13 fiscal year. Green Land Tours & Hotels owns its own hotels in the southern part of Ethiopia and was able to collect about 3.6 million USD and 47,140 Euro during the last fiscal year.
Jacaranda Tours
Jacaranda Tours ranks second in terms of the number of tourists it was able to attract during the 2012/13 fiscal year (about 1,700 tourists). When it comes to the revenue it earned throughout the same period, Jacaranda Tours was surpassed by Green Land Tours & Hotels by a large margin; Jacaranda earned 1.8 million USD.
Grant Express Travel and Tours Services
According to the report by the Ministry of Culture and Tourism, Grant Express Travel and Tours Services attracted 2,050 tourists to Ethiopia in the 2012/13 year and collected a revenue of roughly 1.6 million USD and 75,959 Euro.
Travel Ethiopia
Travel Ethiopia is run by experienced professionals like Samrawit Moges, a woman who had been working for the sole tour and travel agency in Ethiopia (state-owned) during the military socialist Dergue regime. Travel Ethiopia attracted 1,342 tourists in the 2012/13 fiscal year and earned a total of 1.6 million USD during the same period.
Top Real Estate Companies in Ethiopia
Following the high demand for the housing and the rise of the middle class in Ethiopia, the real estate sector is now flourishing more than ever. During the last decade, more than 200 new real estate developers have emerged. The following real estate players represent the top real estate companies in Ethiopia, among them GIFT Real Estate and Flintstone Engineering, two well-known and well-established real estate companies in the country.
GIFT Real Estate
GIFT Real Estate has been present in the real estate market for a decade and has established itself as one of the most popular real estate developers in the country. GIFT Real Estate is currently working on a project in the east of Addis where the company is building villa houses, townhouses and apartment houses for their clients.
Flintstone Engineering
Flintstone Engineering has been involved in the construction sector in Ethiopia since 1991 and recently joined the real estate sector (Flintstone Homes). Within those five years Flintstone Engineering grew into one of the top real estate developers in Ethiopia.
Ayat Real Estate
Ayat Real Estate is another key real estate developers in Addis Ababa. There is an area in Addis called Ayat following the development of a large number of real estate properties in that specific area.
Habitat Real Estate
Habitat Real Estate was the first one to introduce real estate development in Ethiopia, when it receiving a large plot of land during the socialist regime of Dergue.
Key Ministries in Ethiopia
Ministry of Foreign Affairs
Ministry of Culture and Tourism
Ministry of Communication and Information Technology
Ministry of Finance and Economic Development
Ministry of Trade
Ministry of Industry
Ministry of Agriculture
Ministry of Health
Ministry of Education
Ministry of Mines
Ministry of Water and Energy
Ministry of Women’s, Children and Youth Affairs
Ministry of Labor and Social Affairs
Ministry of Justice
Ministry of Federal Affairs
Ministry of Defense
Ministry of Civil Service
Ministry of Transport
Best Hotels in Ethiopia
The hospitality industry in Ethiopia is indeed flourishing even though it remains to be labelled as ‘infant’ when compared to the huge demand that emanates from the fact that Ethiopia—and especially its capital Addis Ababa—is progressively becoming a hub for (political and economic) conferences and meetings in Africa.
We have put down a list of the best companies in the hospitality / hotel industry in Ethiopia. The first two best hotels in our best hotels list could be labelled as newcomers while Hilton Addis has already been in business for almost half-century.
The best hotels in Ethiopia include Intercontinental Addis, Residence Suite Hotel, Radisson Blu, Hilton Addis and Sheraton Addis.
Intercontinental Addis Hotel
Intercontinental Addis Hotel has joined the network of hotels in Addis Ababa only two years ago and it is one of the few five star hotels in the country. Intercontinental Addis Hotel is currently expanding its base in Addis and will be soon opening new branches in other parts of Ethiopia.
Residence Suite Hotel
Residence Suite Hotel is a very new addition to Addis hotels as it only opened in May 2013. Residence Suite nevertheless became one of the best and most popular places to stay in Addis Ababa and is very valued for its high quality services. The hotel offers luxury accommodation in spacious suites, and therefore is suitable for both short-term and long-term staying guests.
Hilton Addis
Sheraton Addis
Radisson Blu Hotel, Addis Ababa
Top Construction Companies in Ethiopia
The construction sector in Ethiopia is certainly booming following the huge public investment. A number of privately owned construction companies have emerged as a result. The following list summarizes the top construction companies in Ethiopia, which are involved directly in construction and engineering and usually offer multi-disciplinary services. Among the leading construction companies are MIDROC Ethiopia Construction, Sunshine Construction, Saba Engineering and Flintstone Engineering. We have also included the top provider of construction machinery in Ethiopia—Baraton Trade.
MIDROC Ethiopia Construction
MIDROC Ethiopia Construction is a MIDROC Group affiliate and represents one of the largest construction companies in Ethiopia. MIDROC Ethiopia Construction was established in 1993 with a total investment of 500 million Birr. Ever since its inception, the company has been engaged in a wide range of construction activities, including the construction of Sheraton Addis Hotel, African Union Conference Hall & Office Complex, Ethiopian Airlines Cargo Terminal and others.
Sunshine Construction
Saba Engineering
Being present in the construction sector in Ethiopia for about two decades, Saba Engineering is now participating in huge projects inside the country and the company also works in the neighboring countries such as Kenya and South Sudan. Saba Engineering offers multi-disciplinary engineering services and is mainly known for its water drilling services as well as its involvement in huge public projects, e.g. the Ethiopian Grand Renaissance Dam.
Flintstone Engineering
Top Provider of Construction Machinery in Ethiopia
Baraton Trade
In addition to the construction companies above, there are some companies which are limited to supplying construction machinery such as bulldozers, excavators, mixer trucks, etc. Baraton Trade is at the forefront in this particular area of construction business. Baraton Trade is an agent for Furukawa, a provider of drilling machinery from Japan. The company is the top provider of construction machinery not only in Ethiopia but also in other states in East Africa.
Top Conference Centers in Ethiopia
Ethiopia is gradually becoming a political hub for Africa and the current supply of conference services is relatively inadequate when compared to the huge demand. For the time being the number of conference centers remains rather limited. The top conference centers in Ethiopia are the United Nations Conference Center, the African Union Conference Center and Office Complex and the Addis Ababa International Convention and Exhibition Center. All of them offer services for local, regional and international conferences and meetings.
United Nations Conference Center
African Union Conference Center
Addis Ababa International Convention and Exhibition Center
Top Coffee Exporters in Ethiopia
Taking the lion’s share in the export commodities, coffee is Ethiopia’s flagship export product. There are over hundred coffee exporters present in the market. The following are some of the top coffee exporters in Ethiopia. The list has been drafted according to the export performance (by volume and revenue) in the 2012/13 fiscal year, when Ethiopia exported its coffee to more than 40 countries worldwide. Among the top coffee exporters in Ethiopia are Horra Trading, Aleta Land Coffee and Addis Exporter.
Horra Trading
Horra Trading is currently one of the largest coffee exporters in Ethiopia. Exporting 18,447 tons of coffee, Horra Trading earned 57,719 USD in the last fiscal year (2012/13).
Oromia Coffee Farmers Cooperative Union
Oromia Coffee Farmers Cooperative Union is also at the forefront of coffee export. In the 2012/13 fiscal year it exported 6,673 tons of coffee and earned 39,940 USD.
Aleta Land Coffee
Addis Exporter
Mullege Coffee Exporters
Top Investment Institutions in Ethiopia
Addis Ababa Chamber of Commerce and Sectoral Associations
Addis Ababa Chamber of Commerce and Sectoral Associations (AACCSA) is one of the well-organized institutions that in one way or another work on promoting the investments and improving the overall investment climate in Ethiopia.
Ethiopian Privatization Agency
This Agency is an autonomous government office which is entrusted with the tasks of privatizing, supervising, guiding, supporting and controlling state-owned enterprises to render them competitive and profitable and thereby enabling them to play significant roles in the implementation of the country’s Growth and development Strategy.
Ethiopian Investment Agency (EIA)
The Ethiopian Investment Agency (EIA) is a government agency established in 1992 to promote private investment, primarily foreign direct investment. The overall activities of the Agency is supervised and followed up by an Investment Board, which is chaired by the Minister of Industry. The EIA is headed by a director general who is also a member of the Board and two deputy director generals.
Top Insurance Companies in Ethiopia
The number of insurance companies increased to 14 as two more private insurance companies were opened during the year. Their branch network reached 221 following the opening of 11 additional branches during the same period. Except 1, all the other insurance companies with a branch network of 81.4 percent were privately owned. About 51% of these insurance companies are in Addis Ababa.
