Английская Википедия:Endowment Fund for the Rehabilitation of Tigray

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Шаблон:Infobox companyThe Endowment Fund for the Rehabilitation of Tigray (EFFORT; Шаблон:Lang-ti) is a conglomerate of businesses factories mainly based in Tigray Region, Ethiopia.

Companies

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

EFFORT holds a 51% stake in Addis Pharmaceuticals, the miniority shareholder being a Private Equity Company [2] EFFORT no longer owns Selam Horticulture, Dimma Honey, and Raya Field Agroprocessing.[1]

History

EFFORT was founded in order to improve the local economy Tigrayan economy, which was devastated by the Ethiopian Civil War and the 1983–1985 famine.[1][3]

On 18 November 2020, BNN Bloomberg reported that EFFORTs fund were frozen because its subsidiaries had allegedly "participating in financing ethnic-based violence, acts of terrorism, connection with the TPLF, which seek[ed] to overthrow the constitutional order."[4]

EFFORT was damaged significantly by the Tigray War, with Almeda Textile, Ezana Mining, Saba Stones and Sheba Leather being left completely destroyed.[5]

References

  1. 1,0 1,1 1,2 Шаблон:Cite book
  2. Шаблон:Cite news
  3. Шаблон:Cite journal
  4. Gebre, S., & Marks, S. (2020, November 18). Ethiopia Freezes Assets of Fund Accused of Backing War in Tigray - BNN Bloomberg. Retrieved January 18, 2021, from https://www.bnnbloomberg.ca/ethiopia-freezes-assets-of-fund-accused-of-backing-war-in-tigray-1.1524014
  5. Шаблон:Cite news