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Ethiopian Family Business Forum

Sept 17, 2024 | Ethiopian Skylight Hotel

Passing the Torch: Sustaining success in
Ethiopian Family Businesses

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About Ethiopian Family Business Forum

From Family to Fortune: The Economic Impact of Family Businesses

Family businesses take the lion's share of the private sector's key contribution to the Ethiopian economy. For this reason, ensuring the continuity of local family businesses means building, directly or indirectly, the country's economy. Most global companies based in the Western world and whose products/services have become household names today are family-owned businesses.

Purpose of the Ethiopian Family Business Forum

The forum aims to establish locally relevant family business management practices to help Ethiopian Family Businesses (EFBs) grow and achieve sustainability.

Major Goals of the Forum

Conduct research to develop knowledge on managing family businesses in Ethiopia.

Host an annual flagship forum and periodic workshops featuring global best practices and industry experts.

Serve as a community support venue for peer family businesses to discuss evolving business challenges.

Beneficiaries of the Forum

The forum primarily benefits long-established companies transitioning to second-generation leadership and family businesses already managed by second or third generations.

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