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Development Bank Of Ethiopia
The Development Bank of Ethiopia (DBE) is a specialized state-owned development financial institution, which is supervised by the Public Financial Enterprises Agency in Ethiopia. The Development Bank of Ethiopia was the first development finance institution in Ethiopia and as such it was designed to: "(a) assist in the development of industrial and agricultural production... (and) (b) foster the investment of private capital for productive purposes..." History The goal of this bank is to promote economic development via financing commerce, industry, agriculture, and manufacturing. Each period of Ethiopian political history has used the bank for different purposes. Thus, the bank has changed its name several times: Imperial era (1909−1974) The bank was established in 1909 as the Societe Nationale d'Ethiopie Pour le Development de l'agriculture et de Commerce. In 1945, the Agricultural Bank was established but was replaced by the Development Bank in 1951. In 1970, the ban ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services
Financial services are service (economics), economic services tied to finance provided by financial institutions. Financial services encompass a broad range of tertiary sector of the economy, service sector activities, especially as concerns financial management and consumer finance. The finance industry in its most common sense concerns commercial banks that provide market liquidity, derivative (finance), risk instruments, and broker, brokerage for large public company, public companies and multinational corporations at a macroeconomics, macroeconomic scale that impacts domestic politics and foreign relations. The extragovernmental power and scale of the finance industry remains an ongoing controversy in many industrialized Western economies, as seen in the American Occupy Wall Street civil protest movement of 2011. Styles of financial institution include credit union, bank, savings and loan association, trust company, building society, brokerage firm, payment processor, many ty ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Development Bank
A national development bank is a development bank created by a country's government that provides financing for the purposes of economic development of the country. Africa * Botswana: National Development Bank of Botswana (NDB Botswana) * Ethiopia: Development Bank of Ethiopia (DBE) * Ghana: Agricultural Development Bank of Ghana (ADB) * Kenya: Development Bank of Kenya (DBK) * Mozambique: Banco Nacional de Investimento (BNI) * Nigeria: Bank of Industry (BOI) * Rwanda: Rwanda Development Bank (BRD) * Tanzania: Tanzania Agricultural Development Bank (TADB) * Uganda: Uganda Development Bank Limited (UDBL) Americas * Brazil: Brazilian Development Bank (BNDES) * Canada: Business Development Bank of Canada (BDC) * Colombia: Financiera de Desarrollo Territorial (FINDETER) * El Salvador: Banco de Desarrollo de El Salvador (BANDESAL) * Jamaica: Development Bank of Jamaica * Peru: (Cofide) * United States: Reconstruction Finance Corporation (1931-1957) and Puerto Rico Government Developmen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ethiopia
Ethiopia, officially the Federal Democratic Republic of Ethiopia, is a landlocked country located in the Horn of Africa region of East Africa. It shares borders with Eritrea to the north, Djibouti to the northeast, Somalia to the east, Kenya to the south, South Sudan to the west, and Sudan to the northwest. Ethiopia covers a land area of . , it has around 128 million inhabitants, making it the List of countries and dependencies by population, thirteenth-most populous country in the world, the List of African countries by population, second-most populous in Africa after Nigeria, and the most populous landlocked country on Earth. The national capital and largest city, Addis Ababa, lies several kilometres west of the East African Rift that splits the country into the African Plate, African and Somali Plate, Somali tectonic plates. Early modern human, Anatomically modern humans emerged from modern-day Ethiopia and set out for the Near East and elsewhere in the Middle Paleolithi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Addis Ababa
Addis Ababa (; ,) is the capital city of Ethiopia, as well as the regional state of Oromia. With an estimated population of 2,739,551 inhabitants as of the 2007 census, it is the largest city in the country and the List of cities in Africa by population, eleventh-largest in Africa. Addis Ababa is a highly developed and important cultural, artistic, financial and administrative center of Ethiopia. It is widely known as one of Africa's major capitals. The founding history of Addis Ababa dates back to the late 19th century by Menelik II, Negus of Shewa, in 1886 after finding Mount Entoto unpleasant two years prior. At the time, the city was a resort town; its large mineral spring abundance attracted nobilities of the empire and led them to establish permanent settlement. It also attracted many members of the working classes – including artisans and merchants – and foreign visitors. Menelik II then formed his Menelik Palace, imperial palace in 1887. Addis Ababa became the em ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shewa
Shewa (; ; Somali: Shawa; , ), formerly romanized as Shua, Shoa, Showa, Shuwa, is a historical region of Ethiopia which was formerly an autonomous kingdom within the Ethiopian Empire. The modern Ethiopian capital Addis Ababa is located at its center. The towns of Debre Berhan, Antsokia, Ankober, Entoto and, after Shewa became a province of Ethiopia, Addis Ababa have all served as the capital of Shewa at various times. Most of northern Shewa, made up of the districts of Menz, Tegulet, Yifat, Menjar and Bulga, is populated by Christian Amharas, while southern Shewa is inhabited by the Gurages and eastern Shewa has large Oromo and Argobba Muslim populations. The monastery of Debre Libanos, founded by Saint Tekle Haymanot, is located in the district of Selale, Oromia Modern Shewa includes the historical Endagabatan province. History Shewa first appears in the historical record as part of a Muslim state ( Makhzumi dynasty), which G. W. B. Huntingford believed was fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kaffa Province
Kaffa ( Amharic: ካፋ) was a province on the southwestern side of Ethiopia; its capital city was Bonga. Kaffa is bordered on the west by Sudan Sudan, officially the Republic of the Sudan, is a country in Northeast Africa. It borders the Central African Republic to the southwest, Chad to the west, Libya to the northwest, Egypt to the north, the Red Sea to the east, Eritrea and Ethiopi ..., on the northwest by Illubabor, on the north by Walega, on the northeast by Shewa, on the east by Sidamo, and on the southeast by Gamu-Gofa. According to legend, ancestors of today's Kafficho people in southwest Ethiopia were the first to cultivate the coffee plant and recognise the energising effect of the coffee beverage. See also * Kingdom of Kaffa * History of Ethiopia References {{Coord, 7, N, 37, E, region:ET_type:adm1st, display=title Provinces of Ethiopia States and territories disestablished in 1995 States and territories established in 1942 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Illubabor Province
Illubabor (Amharic: ኢሉባቦር) was a Provinces of Ethiopia, province in the south-western part of Ethiopia, along the border with Sudan. The name Illubabor is said to come from two Oromo language, Oromo words, "" and "". "Illu" is a name of a clan, and "Abba Bor" was the horse name of Chali Shone, who founded the ruling family of the area when it was conquered by Shewa; hence IlluAbabor means the Illu belonging to Ababor(a). Originally, its capital city was Gore, Ethiopia, Gore, then around 1978 the capital was moved to Metu, Ethiopia, Metu. With the adoption of 1995 Constitution of Ethiopia, new constitution in 1995, the territory of Illubabor was divided between the Gambela Region, Gambela, Oromia and the Southern Nations, Nationalities, and Peoples Regions of Ethiopia. History Illubabor was, by the late 19th century, an Oromo people, Oromo state facing the prospect of forcibly being absorbed into the Ethiopian Empire, whose reconsolidation of authority over long-aban ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sidamo Province
Sidamo Province (Amharic: ሲዳሞ) was a province in the southern part of Ethiopia, with its capital city at Irgalem, and after 1978 at Awasa. It was named after an ethnic group native to southern Ethiopia, called the Sidama, who are located in the south-central part of the country. According to the old political division, Sidamo was bordered on the west by Gamu-Gofa, on the north by Shewa, on the north and east by Bale, a small portion on the southeast by Somalia, and on the south by Kenya. History With its extensive coffee plantations, Sidamo was a province with abundant revenues and assigned to its rule were nobles loyal to the Emperor, such as Dejazmach Balcha Safo, who governed it at different times before the Italian occupation. Its largest settlement was Hawassa (Awasa). Following the liberation of Ethiopia from Italy in 1942, the provinces of Borana and Welayta, created from conquered states of that name, were merged into Sidamo. Sidamo was the scene of a re ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ethiopian Revolution
The Ethiopian Revolution () was a period of civil, police and military upheaval in Ethiopia to protest against the weakened Haile Selassie government. It is generally thought to have begun on 12 January 1974 when Ethiopian soldiers began a rebellion in Negele Borana, with the protests continuing into February 1974. People from different occupations, starting from junior army officers, students and teachers, and taxi drivers, joined a strike to demand human rights, social change, agrarian reforms, price controls, free schooling, and releasing political prisoners, and labor unions demanded a fixation of wages in accordance with price indexes, as well as pensions for workers, etc. In June 1974, a group of army officers established the Coordinating Committee of the Armed Forces, later branding itself as the Derg, which struggled to topple Haile Selassie's cabinet under Prime Minister Endelkachew Makonnen. By September of that year, the Derg began detaining Endalkachew's closest advi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Bank Of Ethiopia
The National Bank of Ethiopia (NBE; ) is the central bank of Ethiopia. Its headquarters are in the capital city of Addis Ababa. Mamo Mihretu is the current governor of the bank. The bank is active in promoting financial inclusion policy and is a member of the Alliance for Financial Inclusion (AFI). History On 15 February 1906, marked the beginning of banking in Ethiopia when the first Bank of Abyssinia was inaugurated by Emperor Menelik II. It was a private bank whose shares were sold in Addis Ababa, New York, Paris, London, and Vienna. The bank opened numerous branches including ones in Harar (1906), Dire Dawa (1908), Gore (1912), and Dese (1920). One of the first projects the bank financed was the Franco-Ethiopian Railway which reached Addis Ababa in 1917. The bank then opened a transit office in Djibouti in 1920. In 1931, Emperor Haile Selassie introduced reforms into the banking system. The Bank of Abyssinia was liquidated the newly established Bank of Ethiopia, a ful ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Derg
The Derg or Dergue (, ), officially the Provisional Military Administrative Council (PMAC), was the military junta that ruled Ethiopia, including present-day Eritrea, from 1974 to 1987, when they formally "Civil government, civilianized" the administration although remained in power until 1991. The Derg was established on 21 June 1974 as the Coordinating Committee of the Armed Forces, Police and Territorial Army, by junior and mid level officers of the Army of the Ethiopian Empire, Imperial Ethiopian Army and members of the Law enforcement in Ethiopia, police. The officers decided everything collectively at first, and selected Mengistu Haile Mariam to chair the proceedings. On 12 September 1974, the Derg 1974 Ethiopian coup d'état, overthrew the Government of the Ethiopian Empire, government of the Ethiopian Empire and Emperor Haile Selassie during nationwide mass protests, and three days later formally renamed itself the Provisional Military Administrative Council. In March ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
