TPLF demoted Chairman, Executive members
The Tigrayan People Liberation Front (TPLF) purged three of its executive members, as the Central Committee's marathon meeting draws to…
Tuesday, November 28, 2017 @ 4:36 am
EFFORT
The Endowment Fund for the Rehabilitation of Tigray (EFFORT), established in 1995, is a conglomerate of more than a dozen business firms operating in Ethiopia.
The Tigrayan People’s Liberation Front(TPLF), which acquired a sizable asset during its armed struggle, transferred more than $100 million to EFFORT, with the primary objective of “contributing to the sustainable development efforts” in the region.
EFFORT’s firms are often described as TPLF parastatals due to the overlap of their leadership, even though EFFORT was established as Endowment – the initial donor will have no claim to the capital nor to the profits.
Read posts related to EFFORT below.
TPLF poised for reform, Azeb Mesfin walks out
TPLF is poised to adopt reform directions as the Central Committee winds up it meeting this week, according to insider…
Wednesday, November 15, 2017 @ 5:58 am
New gold mines in Shire, Wollega, TuluKapi, as illicit trade rises
(Kaleyesus Bekele - The Reporter) Three foreign and local mining firms are developing large scale gold mines in different parts…
Monday, August 28, 2017 @ 10:10 pm
Ethiopian Roads Authority gets new chief, stirs ‘revolving doors’ concerns
Prime Minister Hailemariam Desalegn appointed, Araya Girmay, deputy manager of Sur construction plc., as Director General of Ethiopian Roads Authority…
Saturday, June 20, 2015 @ 6:09 pm
“TPLF firms” recovering from debts, losses: CEO Azeb Mesfin
Chief Executive Officer of EFFORT Group, Azeb Mesfin, claimed that the conglomerate is recovering from losses and Bank debts accumulated…
Wednesday, August 13, 2014 @ 1:21 am
Indian Ocean Newsletter| TPLF factions bury the hatchet
Editor's note: Since the passing of the late Prime Minister of Ethiopia, Meles Zenawi, on August 20, 2012, 11:20pm (Addis…
Thursday, February 6, 2014 @ 3:33 am