Est. 1985 · Addis Ababa
Building legacy,
shaping futures.
A privately held, multi-disciplinary business group based in Addis Ababa. Construction since 1985; Advisory & Investments, Light Manufacturing, Import/Export, and Tech & Art today.
Who We Are
A group built on legacy
Carnevale Group is a privately held, multi-disciplinary family business group headquartered in Addis Ababa. Founded in 1985 as a premier general contracting firm, we have evolved over four decades into a diversified group spanning manufacturing, trade, advisory, and technology.
Today, the Group is managed by its second generation, upholding a singular operational discipline: delivering on every promise, on time. Beyond our core divisions, we manage a portfolio of strategic investments designed to catalyze growth within the Ethiopian economy. As a founding shareholder of Awash Bank, the nation’s largest private bank, and a long-term investor in the financial sector, we leverage our capital to support industries that are fundamentally intertwined with the region’s future.
Our Story
Addis Ababa · Since 1985
Partners & Clients
Institutions we have delivered for across Ethiopia, Africa, and Europe
Global Footprint
Our Presence
Offices in Addis Ababa and Nicosia. Partners and staff across Europe and North America. Projects delivered across Africa, the Middle East, and Asia.
- Offices
- Staff presence / Partners
- Projects performed
What We Do
Five divisions, one group
Each division runs as its own business with its own leadership and P&L. They share back-office infrastructure, a common standard for delivery, and decades of relationships in the Ethiopian market.
Get in touch.
We work on direct introductions. If you are considering a construction project, a trade partnership, or an advisory engagement, tell us what you are trying to do and we will route it to the right part of the business.
Contact UsAddis Ababa, Ethiopia
Group Headquarters
Nicosia, Cyprus
European Operations