Red Sea Trading Corporation
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Red Sea Trading Corporation
The Red Sea Trading Corporation (commonly known as 09) is the commercial entity created to enact the People's Front for Democracy and Justice's socially responsible development program. The company was founded with $20,000 in 1984. It is primarily involved in international trade and is the largest importer in the country. The head of the organization is Hagos Gebrehiwot. The company grew out of the necessity for the Eritrean People's Liberation Front to commercially develop the territory that it had captured during the Eritrean War of Independence The Eritrean War of Independence was an War, armed conflict and insurgency aimed at achieving self-determination and independence for Eritrea from Ethiopian rule. Starting in 1961, Eritrean insurgents engaged in guerrilla warfare to liberate .... Its guiding mission is closely related to the related Nakfa Corporation. References Companies of Eritrea People's Front for Democracy and Justice Organisations based in Asmara Sp ...
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People's Front For Democracy And Justice
The People's Front for Democracy and Justice (, PFDJ) is the founding, ruling, and sole legal political party of the State of Eritrea. The successor to the Marxist–Leninist Eritrean People's Liberation Front (EPLF), the PFDJ regards itself as a left-wing nationalist party, though it holds itself open to nationalists of any political affiliation. The leader of the party and current President of Eritrea is Isaias Afwerki. The PFDJ has been described as totalitarian, and under its rule Eritrea reached the status of the least electorally democratic country in Africa according to V-Dem Democracy indices in 2023. Creation The Eritrean People's Liberation Front (EPLF), later (from 1994) People's Front for Democracy and Justice, formed from the secessionist movement that successfully fought for the creation of an independent Eritrean nation out of the northernmost province of Ethiopia in 1993. The historical region of Eritrea had joined Ethiopia as an autonomous unit in ...
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Eritrean People's Liberation Front
The Eritrean People's Liberation Front (EPLF), colloquially known as Shabia, was an armed Marxism–Leninism, Marxist–Leninist organization that fought for the Eritrean War of Independence, independence of Eritrea from Ethiopia. It emerged in 1973 as a Far-left politics, far-left to Left-wing nationalism, left-wing nationalist group that split from the Eritrean Liberation Front (ELF). After achieving Eritrean independence in 1991, it transformed into the People's Front for Democracy and Justice (PFDJ), which serves as Eritrea's sole One-party state, legal political party. History Origins In 1967, thirty-three men underwent six months of training in China, including Isaias Afwerki, an engineering student who had left Haile Selassie I University (Addis Ababa University) in 1966 to join the Eritrean Liberation Front (ELF), and Romodan Mohammed Nur, who had become commissar of the Fourth Zone after military training in Syria. Cuba also received ten individuals, including Ibrahim Af ...
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Eritrean War Of Independence
The Eritrean War of Independence was an War, armed conflict and insurgency aimed at achieving self-determination and independence for Eritrea from Ethiopian rule. Starting in 1961, Eritrean insurgents engaged in guerrilla warfare to liberate Eritrea Province from the control of the Ethiopian Empire under Haile Selassie and later the Derg under Mengistu Haile Mariam, Mengistu. Their efforts ultimately succeeded in 1991 with the fall of the Derg regime. Eritrea was an Italian Eritrea, Italian colony from the 1880s until the Italians were defeated by the Allies in World War II in 1941. Afterward, Eritrea briefly became a Italian Eritrea#British Military Administration and the end of the colony, British protectorate until 1951. The United Nations convened after the war to decide Eritrea's future, eventually voting in favor of a federation between Eritrea and Ethiopia. As a result, Eritrea became a constituent state of the Federation of Ethiopia and Eritrea. The federation was int ...
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Nakfa Corporation
The Nakfa Corporation was one of the first privately owned companies founded in Eritrea. The firm has various interests, including Gejeret Corrugated Boxes, a sodium silicate factory, and a mid-rise structure in Asmara Asmara ( ), or Asmera (), is the capital and most populous city of Eritrea, in the country's Central Region (Eritrea), Central Region. It sits at an elevation of , making it the List of capital cities by altitude, sixth highest capital in the wo ... bearing its name (the Nakfa Building). In May 2006, the capital held by the company amounted to 120 million nakfa. References Manufacturing companies of Eritrea {{Eritrea-stub ...
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Companies Of Eritrea
A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duties according to the publicly declared incorporation pu ...
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Organisations Based In Asmara
An organization or organisation ( Commonwealth English; see spelling differences) is an entity—such as a company, or corporation or an institution (formal organization), or an association—comprising one or more people and having a particular purpose. Organizations may also operate secretly or illegally in the case of secret societies, criminal organizations, and resistance movements. And in some cases may have obstacles from other organizations (e.g.: MLK's organization). What makes an organization recognized by the government is either filling out incorporation or recognition in the form of either societal pressure (e.g.: Advocacy group), causing concerns (e.g.: Resistance movement) or being considered the spokesperson of a group of people subject to negotiation (e.g.: the Polisario Front being recognized as the sole representative of the Sahrawi people and forming a partially recognized state.) Compare the concept of social groups, which may include non-org ...
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