Who we are,
and why we
were chartered.
To consolidate the public and para-statal assets of the Amhara Region into a single, professionally-governed investment institution — and to steward them across generations.
To convert regional capital into enduring industrial, financial, and commercial enterprises whose returns compound over generations, not quarters.
A diversified, transparent, and internationally-respected sovereign investment institution that anchors the economic geography of the Horn of Africa.
Eight years, forty-eight enterprises.
- 2017Incorporation
Abay Industrial is chartered to consolidate public enterprises of the Amhara Region under a single institutional framework.
- 2018First Industrial Cluster
The Bahir Dar industrial cluster is assembled — five textile, packaging, and agro-processing enterprises brought under governance.
- 2019Dejen Works Breaks Ground
Phase I of the Dejen Cement Works commences, anchoring the Holding's long-horizon manufacturing thesis.
- 2021Tsehay Bank Launches
The financial sector establishment opens to the public, inheriting 850,000 founder clients on its first trading day.
- 2023Dejen Commissioning
The cement works enters commercial production. Phase II expansion announced the same quarter.
- 2025The Register at Forty-Eight
The Holding governs forty-eight enterprises across five sectors, with ETB 42.6B under institutional stewardship.
Stewards of the institution.
The Board meets quarterly. Audit, remuneration, and investment committees operate under independent chair. Full governance charter available upon request.
Begin a conversation.
Kebele 14, Bahir Dar
Amhara Region, Ethiopia