The 5 Ethiopian Multi-Millionaires “Forbes” States You Should Know


Forbes, a leading source for reliable news and updated analysis on breaking business coverage and top headlines, covers personalities and business sectors that are promising throughout their journey in acquiring their positions, and on that section, 5 Ethiopian multi-millionaires have been stated due to their successful ways of leading their business.

1.Belayneh Kindie/ Belayneh Kindie Import And Export (BKIEA)

He founded the company in 2005 to primarily export oil seeds and subsequently expanded into other commodities such as sesame seeds and nuts. Its commodities trading business has revenues of a little over $60 million in 2016.

2.Tewodros Ashenafi/ co-owner of Ambo Mineral Water

Ethiopia’s bestselling naturally-carbonated bottled mineral water, along with beverage giant SABMiller and also the founder and CEO of oil exploration firm SouthWest Energy, one the largest oil and gas acreage holders in East Africa.

3.Buzuayehu T. Bizenu/ chairman and controlling shareholder of East African Holding

A leading industrial conglomerate in Ethiopia that operates in a variety of sectors such as manufacturing of Fast Moving Consumer Goods, tea processing, printing and packaging, transport, real estate, cement production and coal mining.

4.Ato Ketema Kebede/  Founder of KK PLC

Ethiopian company that manufactures blankets primarily to export across Africa and North America.

5.Akiko Seyoum Ambaye/ Founder of Orchid Business Group(OBG)

One of Ethiopia’s most prominent female business leaders. OBG is an Ethiopian construction company engaged in road construction, the supply of construction materials, rental services of construction machinery and haulage.

Read More On: Forbes





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