On the other hand, in the Amhara region, the sites are found in Debremarkos and Debrework.var cid='6693868498';var pid='ca-pub-4442296776032485';var slotId='div-gpt-ad-typicalethiopian_com-medrectangle-3-0';var ffid=1;var alS=1021%1000;var container=document.getElementById(slotId);var ins=document.createElement('ins');ins.id=slotId+'-asloaded';ins.className='adsbygoogle ezasloaded';ins.dataset.adClient=pid;ins.dataset.adChannel=cid;ins.style.display='block';ins.style.minWidth=container.attributes.ezaw.value+'px';ins.style.width='100%';ins.style.height=container.attributes.ezah.value+'px';container.style.maxHeight=container.style.minHeight+'px';container.style.maxWidth=container.style.minWidth+'px';container.appendChild(ins);(adsbygoogle=window.adsbygoogle||[]).push({});window.ezoSTPixelAdd(slotId,'stat_source_id',44);window.ezoSTPixelAdd(slotId,'adsensetype',1);var lo=new MutationObserver(window.ezaslEvent);lo.observe(document.getElementById(slotId+'-asloaded'),{attributes:true}); Beyond this, Worku is engaged in the farm business launching a company named Worku Farms PLC. He was ranked among the wealthiest men in Ethiopia by Forbes in 2017. Worku Aytenew right away. Dawit Hailu is also another Ethiopian popular rich individual whose name has to be mentioned. He was one of the businessmen who supplies palm oil to the local market at a regulated price point with the objective of attaining corporate social responsibility . In addition, in May 2019, Dawit along with his wife founded a popular coffee shop called AKKOO. Tigrayan Peoples Liberation Front (TPLF), The Rise of Mohamed Alabbar: An In-Depth Look at His Business Ventures and Net Worth, Ermias Amlega | Childhood, Achievements & Net worth, Tedros Adhanom | Achievement, Family & Net Worth, Hermela Aregawi | Childhood, Achievements, Family & Net Worth, Collector/Account Receivable Clerk Hilton Addis Ababa Vacancy Announcement, Berhan International Bank S.C Vacancy Announcement, National Transport plc Vacancy Announcement, Eshet Micro Finance Institution S.C Vacancy Announcement, Top 10 Profitable Business Ideas in Ethiopia, How to Open Diaspora Account in Ethiopia | Guideline and Benefits. Continue with Recommended Cookies. Moreover, he also serves as Chairman of Ambo Mineral Water, a well-known mineral water bottler in Ethiopia. The apartments were 1, 3, 5, 6, and 7-story buildings. Its commodities trading business has revenues of a little over $60 million in 2016. WA is the fourth cement factory that is expected to join the industry in the coming two years, after Abbay, Berenta and Lemi, the joint venture projects of National Cement. Top 10 Sexiest & Beautiful Ethiopian Models with Pictures -, Cost Accountant Woda Metal Industry PLC Vacancy Announcement, Cashier Woda Metal Industry PLC Vacancy Announcement, Accountant The Ethiopian Red Cross Society (ERCS) Vacancy Announcement, (Re-advertised)Manager-Business Planning and Consolidation Safaricom Ethiopia Vacancy Announcement, Top 10 Profitable Business Ideas in Ethiopia, How to Open Diaspora Account in Ethiopia | Guideline and Benefits. Briefing journalists on the ministrys six month performancereportMinister of Mines EngineerTakeleUmmasaid that his ministry was holding discussion with giant global oil companies on ways how it can develop, Read More Ministryin talks with international companies to develop gas reservesContinue, Spread the NewsEthiopian Investment Commission (EIC) announced Tuesday that the country has attracted a Foreign Direct Investment (FDI) of $2.43 billion in nine months of the current fiscal year. He names the center after the first name of Dawits wife Wudassie Enquberhan. Hours Per Day. Photo credit: ASMARE/AFP/Getty Images, Brazil Bounces Back With A Slew Of New Billionaires, Fortune Magazine's New Owner Is Member Of Thailand's Richest Family, Southeast Asia's Richest Woman Signs $6.5 Billion Deal For 50 Airbus Jets, The Indonesian Tycoons Behind Lion Air, Whose Plane Crashed Off Jakarta on Monday, How This Video Gaming Billionaire Invests His More Than $2 Billion, LinkedIn Cofounder Reid Hoffman On His Billion-Dollar Impact Investing Bet, Jeff Bezos Is $1.8 Billion Richer As Amazon's Market Cap Briefly Hits $1 Trillion, The $4 Billion Crypto Billionaire Who No One Has Heard Of. Origins Business wishes all Ethiopian Christians a very joyful Gena! owns a number of companies with annual revenues in the millions, potentially placing him among Ethiopias top ten wealthi. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. Swipe right to like an applicants profile, left otherwise. The consent submitted will only be used for data processing originating from this website. Net worth you need to be financially comfortable in 2021 - CNBC All rights reserved. Our media house, Fana Broadcasting Corporate, commenced service in 1994 with outdated equipment and limited manpower, but with the first of its kind and new style in the countrys broadcast media industry. 5 Ethiopian Multi-Millionaires You Should Know - Forbes Additionally, Worku, in 2018, established a transport company to transport dry and liquid cargo in-country and the route between the Port of Djibouti and dry ports and stations across Ethiopia. Worku Aytenew. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. In addition, Worku has built many houses for many of his countrymen. I chronicle Africa's success stories and track its richest people, 2013. Akiko through the extensive business dealings of the Orchid Business Group cement her as one of Ethiopia's richest and a billionaire. | Worku Aytenew | Amhara Fano by Sophonias Woldu | Apr 4, 2023 | Business. 6 talking about this. Experience the new-age recruitment cycle right at your fingertips. He is also the founder and CEO of oil exploration firm SouthWest Energy, one the largest oil and gas acreage holders in East Africa. Required fields are marked *. Mr. Aytenew purchased Bell 407 Helicopter, and now this Helicopter will be used for commercial aviation services, according to reports. The Richest People in the World in 2021 - Visual Capitalist New Ethiopian Airlines chief aims for near-doubling of fleet under 2035 roadmap, ArifPay launches new approach for SMEs to get loan from banks, Ministryin talks with international companies to develop gas reserves, Ethiopia attracts $2.43 bln FDI in nine months, Govt deploys security forces as cement industry faces persistent challenges. Other main business sectors of Worku Aytenew include the aviation industry, import-export, farm, and real estate. National Cement collaborated with a Chinese company to establish a USD 2.5 billion cement plant in Ensaro, Amhara Regional State. He, with his family, founded Wudassie Diagnostic Center (WDC) in 2008. When they do, their Tweets will show up here. Download & Register on Workruit today. It is stated on the occasion that the edible oil giant has a capacity of processing over 1.5 Million Liter of oil on a daily basis. Workruit helps you match with top job seekers instantly. 2 ? - - Worku Aytenew - Belayneh Observing the progress and success, the regional government bestowed another additional 20,000 hectares to the company. 105 Followers. Addis Ababa, June 7, 2021 (FBC) Prime Minister Abiy Ahmed along with other high officials have today inaugurated WA Edible Oil Factory built by known Ethiopian investor Worku Aytenew at cost of 5.2 Billion Birr in Debre Markos town, Amhara region. The company made imports with an annual transaction close to ETB 1 billion (USD 35 million) over 5 years. Connecting with suitable and top talent has never been this simple. If you would like to change your settings or withdraw consent at any time, the link to do so is in our privacy policy accessible from our home page.. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice| Do Not Sell/Share My Personal Information| Ad Choices Figures are for the latest twelve months ended Oct. 31, 2022. Many Ethiopians live outside of the country. I am impressed with Workruits features which has made talent search so easy. 15 of the Richest Ethiopians and their Successful Companies in 2023 Delegates from 4 African countries visit wheat cluster farming in East Shoa Zone, Trkiye Deputy FM to pay a 4-day working visit to Ethiopia, Delegations from 4 African countries in Ethiopia for study tour, Ethiopia becomes member of Intl Association of Young Entrepreneurs Consortium. Market value as of Jan. 20, 2023. Manage Settings 2023 - Welcome to Fana Broadcasting Corporate S.C. All Rights Reserved. Worku Aytenew Biography | Childhood, Business, Charity & Net Worth He believes in investing in diversified high-risk high return business opportunities that create more socio-economic benefits to the country and pays off attractive dividends in long term to its shareholders. As a developing African nation by Sophonias Woldu | Mar 20, 2023 | Business. Moreover, Dawit Hailu is also the managing director of ElsMed Business PLC and JORGO Academy School. TopEthiopia Ethiopian news on Twitter: "Worku Aytenew Net Worth 2022 Save my name, email, and website in this browser for the next time I comment. In 2016, Forbes estimated his net worth to be approximately $10.9 billion. Data backing the tool is explained in the average net worth by age post. SouthWest has a leading acreage position in the Jijiga Basin, Ethiopias largest proven hydrocarbon-bearing sedimentary basin, covering an area of approximately 350,000 km2 and in the eastern region of Ethiopia bordering Somaliland. Factory uses nigger seed, peanut seed, soya bean and sesame seed as input for the oil processing. The company also owns an acrylic yarn dyeing plant, and is also engaged in the import and distribution of heavy-duty machineries and equipment for mining, construction, road making and quarrying. Workruit - Mobile Job Search | Talent Search | Recruitment It will have the capacity to produce 12,000 tons of cement daily. . Your email address will not be published. He writes articles about philosophy, theology, his native Ethiopia, and basically anything and everything else. Owing to this, Worku gained more popularity and fame in his country.var cid='6693868498';var pid='ca-pub-4442296776032485';var slotId='div-gpt-ad-typicalethiopian_com-box-3-0';var ffid=1;var alS=1002%1000;var container=document.getElementById(slotId);var ins=document.createElement('ins');ins.id=slotId+'-asloaded';ins.className='adsbygoogle ezasloaded';ins.dataset.adClient=pid;ins.dataset.adChannel=cid;ins.style.display='block';ins.style.minWidth=container.attributes.ezaw.value+'px';ins.style.width='100%';ins.style.height=container.attributes.ezah.value+'px';container.style.maxHeight=container.style.minHeight+'px';container.style.maxWidth=container.style.minWidth+'px';container.appendChild(ins);(adsbygoogle=window.adsbygoogle||[]).push({});window.ezoSTPixelAdd(slotId,'stat_source_id',44);window.ezoSTPixelAdd(slotId,'adsensetype',1);var lo=new MutationObserver(window.ezaslEvent);lo.observe(document.getElementById(slotId+'-asloaded'),{attributes:true}); Worku Aytenew was born in Debrework, Gojam Province, Ethiopia. Ashenafi is the chairman and co-owner of Ambo Mineral Water, Ethiopias bestselling naturally-carbonated bottled mineral water, along with beverage giant SABMiller. Mohammed Hussein Ali Al Amoudi is an Ethiopian-Saudi billionaire businessman, who owns and controls many big industrial assets in Sweden, Saudi Arabia, and Ethiopia. 617 subscribers. Workruit understands that you are busy building your company and is here to help you save time in finding the right talent. His academic progress was only limited to sixth grade. Top 10 Richest People in Ethiopia - Typical Ethiopian Workruit understands that you are busy building your company and is here to help you save time in finding the right talent. Workday | 2022 Fortune 500 | Fortune Private sector investments in various sectors, capitalizing on resources nationally, contribute to import substitution of items we can produce domestically the Prime Minister said on the occassion. He owns a number of companies with annual revenues in the millions, potentially placing him among Ethiopias top ten wealthiest people. Telegram: Contact @WorkuAytenew Post any number of jobs for free of cost. "Worku Aytenew Net Worth 2022 Profile Wife Age https://t.co/z34EHJUhFQ" Before embarking on a writing career, he had already begun a successful career in the electromechanical engineering field, having earned his degree from Addis Ababa Science and Technology University. Tweets & replies. Continue with Recommended Cookies. He had an inquisitive mind from a young age and was always fascinated by the power of language and words. If you have Telegram, you can view and join Worku Aytenew . 2023 Fortune Media IP Limited. Total Return to Investors (5 year, annualized), Total Return to Investors (10 year, annualized). Even though there has been political and economical instability in Ethiopia, these business-minded individuals manage to create sustainable and profitable businesses for themselves and their country. Figures are for the latest twelve months ended Oct. 31, 2022. Mulatu Teshome speaks after being sworn in as Ethiopia's new president in Addis Ababa on October 7, [+] 2013. PM Abiy, high officials inaugurate 5.2bln Birr WA Edible Oil Factory in Debre Markos town. Since February, its valuation has jumped roughly $25 billion, placing it among the most valuable private companies worldwide. Powered and implemented by Interactive Data Managed Solutions. Sources: Bloomberg; S&P Global. Our media house, Fana Broadcasting Corporate, commenced service in 1994 with outdated equipment and limited manpower, but with the first of its kind and new style in the countrys broadcast media industry. The main business of the company is in the production of construction materials such as Cement production, Granite and Marble production, Coal and gold mining, precious stones, and other related materials. Save my name, email, and website in this browser for the next time I comment. Belayneh Kindie Import And Export (BKIEA), the eponymous company Belayneh founded and runs, is the largest agricultural commodities trading company in Ethiopia. View in Telegram. In the same year, Worku joined the aviation industry with an investment capital of USD 40 million. Just six days into the new year, Elon Musk became the world's richest person in 2021 His personal fortune is $188 billion, up 548% from one year ago Tesla shares are up 1,030% since the market bottom in 2020 Elon Musk's rocketing net worth may be the fastest accumulation of wealth in history Elon Musk is the World's Richest Person in 2021 The company has helped 500 hundred farmers to help themselves by providing raw materials for the company. One of Ethiopias wealthiest investors, Worku Ayetenew begins a process to build a cement plant with an investment capital of USD one billion. While 60 % of the companys product is for local consumers, the remaining is exported to foreign countries. Akiko Ambaye, one of Ethiopias most prominent female business leaders, is the founder of Orchid Business Group (OBG), an Ethiopian construction company engaged in road construction, the supply of construction materials, rental services of construction machinery and haulage. Addis Ababa, June 7, 2021 (FBC) - Prime Minister Abiy Ahmed along with other high officials have today inaugurated WA Edible Oil Factory built by known Ethiopian investor Worku Aytenew at cost of 5.2 Billion Birr in Debre Markos town, Amhara region. Afterward, Al Amoudi broadened his business by buying oil refineries in Sweden including Svenska Petroleum Exploration and Preem, which is one of Swedens biggest oil refineries. worku aytenew vs dagne wale dance | | yecheneke elet #Ethiopia. The support is said to amount more than 4 Million Birr, according to sources. Worku Aytenew - Facebook Currently, Sophonias writes articles for www.typicalethiopian.com on a part-time basis. Furthermore, he has contributed money when churches are burned to the ground in Gojam, Amhara region.if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[468,60],'typicalethiopian_com-medrectangle-4','ezslot_8',610,'0','0'])};__ez_fad_position('div-gpt-ad-typicalethiopian_com-medrectangle-4-0'); by Sophonias Woldu | Apr 4, 2023 | Business. On the account of this, Worku Aytenew launched an oil factory named W.A. Industrial Audible Oil Complex in 2016. The company owns and operates close to 35 commercial buildings and apartment buildings in key real estate locations. An example of data being processed may be a unique identifier stored in a cookie. Moreover, Worku gave two V8 and two Hiruf cars to help the government in the eradication of the Coronavirus. This is a great place to exchange information that goes beyond resumes, and job requirements. It was established in 2015 and was a major player in palm imports and distribution to regulate the local price. Baby boomers (ages 56 to 74 . Schedule interviews on the app and track the entire recruitment process, all in one place. FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. *****. an estimated 3.5 million livestock have died between late 2021 and mid-May 2022, and herd sizes are . | Worku Aytenew | Amhara Fano***** . Boosting his wealth is a $100 billion valuation of SpaceX. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. Required fields are marked *. Hire jobseekers specially trained by leading industry experts, focused on your Job Requirements. Currently, Sophonias writes articles for www.typicalethiopian.com on a part-time basis. This huge factory was erected in Debremarkos in Amhara Regional State, on a leased land size of 101,103m2. PM Abiy, high officials inaugurate 5.2bln Birr WA Edible Oil Factory in The consent submitted will only be used for data processing originating from this website. . 153 Following. Proud Of Ethiopia And Proud of orthodox. With so many job portals available online, I found Workruit as the only online hiring platform with such an easy recruitment process. Lelisse Neme, Commissioner of EIC said in a presser on Tuesday that the plan was to attract FDI of $3.63 billion in nine months. However, his fortune had a relative fall in net value due to the global fall in oil and gold prices at the time of estimation. Eyob "Joe" Mamo. Our company comes into existence from a vision of its founder, Worku Aytenew, who invested in the Palm Oil importation business, commercial farming, mining, aviation, and real estate. On top of that, Worku, 2020, launched a mining project. When the corona pandemic hits Ethiopia, Worku Aytenew was the forerunner in supporting his country in thefightagainstcoronavirus. We and our partners use cookies to Store and/or access information on a device. Worku Aytenew is also a pace-setter in the fight against the Tigrayan People's Liberation Front (TPLF) supporting the Ethiopian government of Prime Minister Abiy Ahmed. Your email address will not be published. The FDI, Read More Ethiopia attracts $2.43 bln FDI in nine monthsContinue, Spread the NewsTakele Uma (Eng. Along with his success in business, Tewodros has a degree in Economics from Columbia University and is an alumnus of the Harvard Business School. Sources: Bloomberg; S&P Global. 1,601 talking about this. Facebook gives people the power to share and makes the. worku aytenew vs dagne wale dance | - YouTube Opinions expressed by Forbes Contributors are their own. Worku Aytenew to set up Aviation Company - ORIGINS BUSINESS Report. Accordingly, the SMEs can get, Read More ArifPay launches new approach for SMEs to get loan from banksContinue, Spread the NewsByKaleyesusBekele The Ministry of Mines disclosed that it is holding talks with various international oil firms to develop the natural gas reserves found in theOgadenbasin. Joined April 2021. Media. Our company comes into existence from a vision of its founder, Worku Aytenew, who invested in the Palm Oil importation business, commercial farming, mining, aviation, and real estate. Manage Settings . The salary calculator converts your salary to equivalent pay frequencies, including hourly, daily, weekly, bi-weekly, monthly, semi-monthly, quarterly and yearly. Worku Aytenew is an Ethiopian millionaire and business mogul who owns many huge companies in different parts of Ethiopia. He started his business from scratch. Search for your future star employee with a simple swipe right. Ethiopia is known for its diverse culture, rich history, and promising economic growth. The coffee shop then gained popularity in the town due to the fine coffee and delicious meals it provides. Elementor #2576 - Welcome to Ethiopian Business Link (ETB) Their names dont ring with the African public, and youve probably never heard about them before, but they are very successful and very wealthy. Furthermore, in 2015, Worku established Worku Import, Export & Trading PLC. With an easy on-boarding process for the recruiters and providing personal assistance to employers, Workruit has made me believe. PM Abiy discusses with over 200 mayors of cities throughout, Delegations from 4 African countries in Ethiopia for study, UN Deputy Secretary-General arrives in Ethiopia, Delegates from 4 African countries visit wheat cluster. Worku Aytenew, a well-known business mogul in the country, is in the process of establishing private Aviation Company. Gen X (ages 40 to 55): $1.9 million. In addition to being a prolific writer, Sophonias is also a public speaker and tech enthusiast who believes in harnessing technology to improve the lives of Ethiopians. Ethiopia's parliament elected Mulatu Teshome to be the country's new president today, for a six-year term in a largely symbolic and ceremonial post. Instantly chat with the matched applicants and get to know more about their experience. ), Minister of Mines said that the government has deployed security forces as some cement factories forced to cease production due to lack of stability in their production areas. Sign up here to get the latest news & updates. Here's the net worth each generation says you need to be considered financially comfortable in 2021: Millennials (ages 24 to 39): $618,000 Gen X (ages 40 to 55): $717,000 Workruit helps you match with qualified professionals, instantly. Worku Aytenew, a well-known business mogul in the country, is in the process of establishing private Aviation Company. Akiko Ambaye, one of Ethiopia's most prominent female business leaders, is the founder of Orchid Business Group (OBG), an Ethiopian construction company engaged in road . He was born in Ethiopia, in 1946, to a Saudi father and an Ethiopian mother. All you have to do is swipe right to match. An example of data being processed may be a unique identifier stored in a cookie. The Businessmen, via their representatives, pledged continued support till the government accomplishes law enforcement measures it has been carrying out against the TPLF rebel group. Elon Musk is the World's Richest Person in 2021 More importantly, his name is best known for supplying palm oil to the local market at a regulated price point to attain corporate social responsibility to support the lower of the pyramid consumer base.