April 2016,Addis Ababa. Four public Enterprises, owned by the government of Ethiopia, are merged to establish a corporation dubbed Ethiopian Trading Business Corporation (ETBC). The corporation’s capital is said to be more than 3.8 billion Birr.
The public Enterprises that joined were Ethiopian Trading Enterprise (Alle Bejimla), Ethiopian Grain Trade Enterprise (EGTE), Ethiopian Procurement Service Enterprise and Ethiopian Fruit and Vegetables Marketing Share Company (Etfruit).
The Corporation is established in the aim of stabilizing local market, carry out integrated business activities, put in place accountability and to efficiently exploit the capacity of the enterprises.
Megistu Kebede, CEO of the newly formed Corporation, explained the corporation had the mandate to distribute and supply crops, vegetables and fruits for domestic and foreign markets.
The CEO furthered, the Corporation will contribute its share for the country’s economic growth
Read Bloomberg’s article on ALLE by clicking this link: http://www.bloomberg.com/news/articles/2015-04-01/ethiopia-bets-on-state-owned-wholesaler-to-stem-soaring-prices
The third regional ALLE wholesale store is now open at Bahir Dar, in the Amhara region. This new cash and carry store is the sixth to be opened by the enterprise since its establishment in May, 2014. This opening, which is part of a nationwide roll-out, follows the success of ALLE’s first three stores located … Continued
ALLE has recently inaugurated its second regional store in the city of Hawassa, the capital of the Southern Nations Nationalities and Peoples’ Region (SNNPR). This opening is part of the countrywide expansion by the enterprise and will be followed closely by store openings in other regions, namely in Bahir Dar and Dessie in the Amhara … Continued
ALLE’s first regional store was opened in Shashemene on March 31st, 2015 in the presence of honored guests and dignitaries. This Cash and Carry wholesale store is the first of its kind to be opened outside of Addis Ababa, and is part of a larger, national expansion of ALLE’s operations which will be followed by … Continued
ALLE’s top management staff presented the human capital management system employed by the company at the 7th “Executive Idea Exchange Forum”. Ato Nuredin Mohammed, the general manager of ALLE and Ms. Alla Grahn a representative from ALLE’s consulting firm, AT Kearney, presented the human capital management system, which the newly established wholesale enterprise employed in … Continued
Ato Nuredin Mohammed, the general manager of ALLE and Mr. Dario Minutella a representative of the consulting firm AT Kearney, featured at the CEO’s forum held at the Hilton Addis Ababa Hotel on November 20, 2014 to share their experiences and give explanations to questions at the forum. The forum presents a platform for CEOs … Continued
Addis Ababa, Ethiopia: The inauguration ceremony of ALLE, the first of its kind Cash and Carry wholesale chain in Ethiopia, took place at its Bole Megenagna store on 26th May 2014. Complementing the current trade market environment, ALLE started supplying a wide range of quality food and other Fast Moving Consumer Goods (FMCG) at competitive prices to … Continued