Trading

Company description

The Ethiopian Trading and Business Corporation (ETBC)formed through the merger of key entities, including the Ethiopian Grain Trade Enterprise, Ethiopian Fruits and Vegetable Marketing S.C., Ethiopian Trading Enterprise, and Procurement Services Enterprise, the Ethiopian Trading and Business Corporation (ETBC) became part of Ethiopian Investment Holdings (EIH) in December 2022.

With a vision to become a leading supplier of affordable consumer products by 2030, ETBC aims to stabilize local markets through the supply of selected agricultural and industrial consumer commodities from both local and overseas suppliers.

Overview of business units 

The Ethiopian Trading and Business Corporation has 4 business units: 

• Grain and Coffee Business Unit 

• Consumer Products Business Unit 

• Fruit and Vegetable Business Unit 

• Procurement and Consultancy Business Unit 

Company description

The Ethiopian Tourist Trading Enterprise (ETTE) is dedicated to enhancing the country’s image through three complementary missions: catering duty-free goods to government envoys and international institutions at its shops including the one located in Addis Ababa international airport, the busiest airport in Africa,; selling various goods subject to import duties, targeting both local and international customers; and showcasing Ethiopian handicrafts and art to foreign visitors. With a commitment to competitive and profitable operations, ETTE seeks to offer quality products and efficient services while becoming a leading tourist trading enterprise in Africa by 2025. In addition to cultural promotion, ETTE contributes to foreign currency generation and job creation. Ethiopia’s growing diplomatic presence and capacity for hosting international events further drive the expansion of airport business travel services and downtown duty-free trade markets.

Overview of business units

The Ethiopian Tourist and Trading Enterprise currently offers 3 types of trading services:

• Trading of various duty-free products through its duty free merchandize trade to tourists and diplomatic community members

• Duty paid merchandize trade

• Production of handicraft and souvenir items that it sells across its outlets and shops

ETTE Audit report available here

Company description

Established in 1970, the Ethiopian Petroleum Supply Enterprise (EPSE) oversees the import, storage, distribution, and wholesale of petroleum products, contributing to Ethiopia’s energy security and economic development. Through strategic partnerships and infrastructure, EPSE ensures efficient distribution while maintaining quality and sustainability standards.

Ethiopian Petroleum Supply Enterprise (EPSE) is the sole importer and holds strategic reserve of petroleum products for Ethiopia. EPSE has 104 storage tanks of various sizes in 13 strategic locations across the country with a total capacity of 400,600 liters[1].

Overview of business units

EPSE is organized into a head office (focused on supply and sales, finance, petroleum storage operation, etc.) and a Djibouti branch office (to distribute the products to oil marketing companies).

Our Mandate Company Profile – EPSE – Ethiopian Petroleum Supply Enterprise

Company description 

The Ethiopian Lottery Service (ELS) is a powerful force in Ethiopia’s lottery scene, acting as both the primary organizer of national lotteries and the regulatory body that oversees the entire industry. Ensuring fairness and transparency is paramount for the ELS. They establish and enforce regulations that all lottery operators, including themselves, must follow. These regulations guarantee compliance with national laws and uphold the highest ethical standards. 

Lotteries have a long and legal history in Ethiopia, dating back to the first national lottery proclamation in 1953. The ELS itself was established in 1961 as the first official state lottery organization. However, Ethiopia’s economic policies shifted in 2007, opening the market to private participation. The ELS adapted, gaining the authority to license and regulate these private operators while continuing to run its national lotteries according to ELS Re-establishment Proclamation No.510/2007. Today, the ELS remains the dominant force, holding the dual role of national lottery operator and industry regulator.

Overview of business units 

ELS provides the following major activities:

i. Collect revenue by publishing, distributing, and selling local and foreign lotteries. 

ii. Give permit to undertake lottery activities, supervise same, and revoke by the provisions of this Proclamation.

iii. Determine the types and specifications of equipment required to perform lottery games; issue permits for and supervise the importation of same.

iv. Control illegal lottery activities.

Company description 

The Ethiopian Industrial Inputs Development Enterprise (EIIDE) was established in 2015 under proclamation number 328/006.  Its primary mission is to ensure the supply of industrial inputs by manufacturing, importing, and distributing essential materials to various industries across Ethiopia. 

 The Ethiopian Industrial Inputs Development Enterprise (EIIDE) was established in 2015 under proclamation number 328/006. Its primary mission is to ensure the supply of industrial inputs by manufacturing, importing, and distributing essential materials to various industries across Ethiopia.