
Fortune News | May 16,2020
May 24 , 2023
Zemuy Teklu, a businessman who established the Shoa Bakery seven decades ago, passed away.
The Bakery has been a well-known franchise that turned to over 16 outlets in Addis Abeba alone at some point, becoming a landmark for residents.
Zemuy has survived by 13 children, including a daughter who owns Bilos Pastry, a renowned brand in the capital. He was also a brother of Belay Teklu, another business mogul known for establishing a popular pastry house in the Merkato area.
Zemuy, along with four other prominent businessmen, were imprisoned during the Dergue regime. He was a native of Eritrea who moved to Addis Abeba 70 years ago.
Editor's Note: This story has been updated from its original version correcting a few elements.
Zemuy Teklu has survived by 13 children while the alleged charges for imprisonment were business related.
This article was updated on May 25 2023.
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