In order for our country to overcome poverty and backwardness in a short period of time and become a middle-income country, it is necessary to undergo economic structural transformation or gradually hand over the leadership of agriculture to industry.

Although the growth of the manufacturing sector is crucial to achieving this structural transition or transformation, its current level of growth is not as desired.

Addis Capital Goods Finance Business Share Company was established by the City Administration, pursuant to Proclamation No. 103/1998 and its amended Proclamation No. 807/2013, with the aim of providing capital equipment (Capital Goods) finance services to micro, small and medium enterprises and accelerating the development of our country. Addis Capital Goods Finance Business Share Company is One of the government’s efforts to address these problems is the establishment of a capital equipment(Capital Goods) finance system to address the financial and technological problems of micro, small and medium enterprises, especially those in the manufacturing sector.

Accordingly, to establish a capital equipment financing system in our country, in the first phase, capital equipment financing providers were established at the stock level in 4 regions and Addis Ababa City Administration.