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Published 2024-10-11

Top 10 Companies in Ethiopia

Top 10 Companies in Ethiopia

1. Ethio Telecom

  • Industry: Telecommunications
  • Market Influence: Dominates the Ethiopian telecom market with over 70% market share.
  • Notable Achievements: Spearheading the expansion of mobile and internet connectivity in Ethiopia.

2. Commercial Bank of Ethiopia (CBE)

  • Industry: Banking and Finance
  • Market Influence: Largest bank in Ethiopia, holding over 50% of total banking assets.
  • Notable Achievements: Playing a key role in the country's financial development and inclusion.

3. Salini Impregilo

  • Industry: Construction
  • Market Influence: A major player in Ethiopia's infrastructure development, responsible for building the Grand Ethiopian Renaissance Dam.
  • Notable Achievements: Recipient of several prestigious awards for its engineering excellence.

4. Ethiopian Petroleum Supply Enterprise (EPSE)

  • Industry: Energy
  • Market Influence: Exclusive importer and distributor of petroleum products in Ethiopia.
  • Notable Achievements: Ensuring the country's energy security and stability.

5. Ethiopian Coffee and Tea Authority (ECTA)

  • Industry: Agriculture
  • Market Influence: Regulates and promotes the coffee and tea sectors, which are major export earners.
  • Notable Achievements: Establishing Ethiopia as a leading global coffee producer.

6. Ethiopian Airlines

  • Industry: Aviation
  • Market Influence: Africa's largest and most profitable airline, connecting Ethiopia to destinations worldwide.
  • Notable Achievements: Recognized as one of the top airlines in Africa and the world.

7. Horizon Plantation

  • Industry: Agriculture
  • Market Influence: A major producer and exporter of palm oil, playing a significant role in Ethiopia's agricultural sector.
  • Notable Achievements: Implementing sustainable farming practices and promoting local employment.

8. China Communications Construction Company (CCCC)

  • Industry: Construction
  • Market Influence: Engaged in various infrastructure projects in Ethiopia, including roads, railways, and bridges.
  • Notable Achievements: Building the Addis Ababa-Djibouti Railway, a key trade corridor.

9. MIDROC Ethiopia

  • Industry: Conglomerate
  • Market Influence: Diversified business interests in sectors such as agriculture, manufacturing, and construction.
  • Notable Achievements: Contributing significantly to Ethiopia's economic growth and job creation.

10. Oromia Coffee Farmers Cooperative Union (OCFCU)

  • Industry: Agriculture
  • Market Influence: Represents over 400,000 coffee farmers in Oromia region, ensuring fair prices and market access.
  • Notable Achievements: Promoting sustainable coffee production and improving livelihoods for farmers.