Our Journey

Milestones of Mr. Mekdes Aklilu and Aklil Holdings, from co-founding Nile Insurance and Bank of Abyssinia to investments across 10+ sectors in Ethiopia.

Key Milestones

1995

Co-Founded Nile Insurance

Launched a leading insurance company to serve Ethiopian businesses and individuals.

1996

Co-Founded Bank of Abyssinia

Established one of Ethiopia's first private banks, pioneering modern banking services.

2010s

Expanded into Hospitality

Developed The Hub Hotel and promoted Halcyon Hotels PLC under The Hub Hotels brand.

2020s

Technology Ventures

Became Chairman of WebSprix PLC (ISP & networking), and expanded into technology-enabled logistics and digital transformation.

Present

Diversified Portfolio

Successfully managing investments across 10+ sectors including banking, insurance, hospitality, and technology.

A Legacy of Excellence

From founding pioneering financial institutions to diversifying across multiple sectors, Aklil Holdings continues to contribute to Ethiopia's economic development. Our journey is defined by strategic vision, sustainable growth, and unwavering commitment to excellence.