Sheba Exploration (UK) Plc
Ethiopia a landlocked state in the Horn of Africa, is one of the most ancient countries in
the world. Officially known as the Federal Democratic Republic of Ethiopia, it is the
second most populous nation in Africa with over 79.2 million people and the tenth largest
by area.
Ethiopia has been an independent country since ancient times, and one of only two
countries that retained its independence. A monarchical state for most of its history, the
Ethiopian dynasty traces its roots to the 10th century BC Besides being an ancient
country, Ethiopia is one of the oldest sites of human existence known to scientists today—
having yielded some of humanity's oldest traces, it might be the place where Homo
sapiens first set out for the Middle East and points beyond. It was one of only three
African members of the League of Nations, and after a brief period of Italian occupation,
Ethiopia became a charter member of the United Nations. The capital, Addis Ababa
became the location of several international organizations focused on Africa.

The Modern Ethiopian state, and its current borders, are a result of significant territorial
reduction in the north and expansion in the south, toward its present borders, owing to
several migrations and commercial integration as well as conquests, particularly by
Emperor Menelik II and Ras Gobena. In 1974, the dynasty led by Haile Selassie was
overthrown as civil wars intensified. Since then, Ethiopia has been a secular state with a
variety of governmental systems. Today, Addis Ababa is still the site of the headquarters
of the African Union and UNECA. Ethiopia is the only African country with its own
alphabet, and has its own time system and unique calendar, seven to eight years behind
the Gregorian Calendar. It has the largest number of UNESCO World Heritage Sites in
Africa.
A land of natural contrasts, with spectacular waterfalls and volcanic hot springs, Ethiopia
has some of Africa's highest mountains as well as some of the world's lowest points
below sea level. The largest cave in Africa is located in Ethiopia at Sof Omar and the
country's northernmost area at Dallol is one of the hottest places year-round anywhere on
Earth. There are altogether around 80 different ethnic groups in Ethiopia today, with the
two largest being the Oromo and the Amhara, both of which speak Afro-Asiatic
languages. Currently, Ethiopia is the top coffee and honey-producing country in Africa,
and home to the largest livestock population in Africa.
In the period around the overthrow of the monarchy, Ethiopia devolved into one of the
poorest countries on earth. Ethiopia is the source of over 85% of the total Nile waters
flow but it underwent a series of tragic famines in the 1980s, exacerbated by adverse
geopolitics and civil wars. Slowly, however, the country has begun to recover, and today
the Ethiopian economy is one of the fastest growing in Africa and it is a regional
powerhouse in east Africa.