TPLF to make EFFORT Shares Available to Public
Tigray People’s Liberation Front (TPLF) has announced that the party has a plan to make shares of the EFFORT, endowment fund for rehabilitation of Tigray available for the public.
The party has decided to pass some shares of the EFFORT, a group of companies to the public, Debretsion G. Michael (PhD), deputy President of Tigray region, told state media.
However, No date of commencement or any other details were disclosed.
EFFORT which is assorted of multi-billion Dollar worth business firms consist of major industrial activities in Ethiopia such as banking and insurance, import and export media and communication, agribusiness, construction and mining among others.
Other Parties in the ruling political coalition EPRDF has also there owned Endowment funds, including TIRET of Amhara National Democratic Movement (ANDM) and WENDO trading of Southern Ethiopian People’s Democratic Movement (SEPDM)