MIDROC Ethiopia Technology Group: History and accomplishments
Today, MIDROC Ethiopia Technology Group has 20 companies and is involved in different sectors including mining, agriculture, real estate, construction, manufacturing, services and education.
“I came to Ethiopia late in 1999 and started my new task in July, 2000. Technology Group started with five companies. Our effort to try to demonstrate the possibility of running or managing several companies under the umbrella of one CEO did work well,” recalls Dr Arega Yirdaw, CEO of MIDROC Ethiopia Technology Group. And they indeed demonstrated it well.
Today, the Group has 20 companies and is involved in different sectors including mining, agriculture, real estate, construction, manufacturing, services and education. The Group employs about 7,000 employees and all of its companies are profitable, especially the MIDROC Gold division.