Veritas Consulting

Services

Veritas Consulting is a Management Consultancy Providing Advisory Services For

  •   Economic Development
  •   Public Policy
  •   Private Sector

Partners

Omer Bomba Mohammed

Managing Partner

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Yohannes Tsehai

Managing Partner

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Contact Us

Contact Us

Our Address

Saay Building, 5th floor, on Bole road, Addis Ababa, Ethiopia

Economic Development

Veritas Consulting advises public and development sector partners by conducting research and assisting private sector facing public institutions develop policies, regulations and capacity to create a strong, enabling environment for growth. Representative engagements include:

Ethiopian Investment Commission (EIC)

Advise the EIC on behalf of the International Growth Center (UK) on investor after-care services for approximately 400 large foreign investors by setting up a team of 25 experts and team leaders, creating a file sharing system, developing a reporting mechanism and following up with team members to ensure investors' issues are proactively engaged in a timely and professionally manner.

Foreign Affairs, Trade, and Development Canada

Conducted and urban national survey of over 2,600 urban MSEs on behalf of the Government of Canada and the Federal Micro and Small Enterprise Development Agency to examine the operating environment, support services, and policy implications for the MSE sector and assess the factors affecting MSE development.

Public Policy

Veritas' public policy engagements address the complexity of Ethiopia's economic development challenges and provides policy options that catalyze systemic amelioration of the nation's developing sectors. With over 30 years of experience in public policy, Veritas' partners assist clients to develop public policy solutions that meet the needs of stakeholders and the community at large. Consulting expertise provided by Veritas includes program evaluation, policy and legal recommendations and policy drafting.

Representative public policy engagements include:

Ministry of Mines, Petroleum and Natural Gas

Provided policy, legal and capacity building recommendations on the mining, oil and gas sectors for the Ministry for a World Bank project led by Adam Smith International to update the policy and regulatory framework for the mining, oil and gas sectors in Ethiopia.

Housing policy Assessment

Assisted economic advisory unit in drafting an urban housing policy proposal with an innovative social housing financial system, which included the use of mixed income housing, bolstering the involvement of the private sector and analyzing gaps in Ethiopia's financial system.

Financing for Development

Conducted detailed reports on historical evolution of multilateral arrangements over past two decades, performance of MDG targets, per- conference assessment of SDG targets, and expected tensions during Conference.

Large Scale Commercial Agriculture

Partner serves as senior economic advisor to government in developing policy for policy driven identification of appropriate commodities for incentives for national commercial agriculture strategy.

Private Sector

Veritas advises leading multinational and local companies in Ethiopia on a wide variety of research, transactional, and legal issues. Representative engagement include feasibility studies, regulatory overviews, market entry due diligence, business plans, financial modeling, valuations, investor presentations, transaction negotiations, development of growth strategies, assisting in the remittance of profits and dividends, capital structuring, financial intelligence, tax compliance, investment regulations and drafting of a variety of legal agreements such as shareholder, partnership, and joint venture and incorporation agreements.

Below are some of the companies Veritas has advised:

  • Multiple global advisory firms
  • Leading international law firm
  • Fortune 500 engineering company
  • Leading garment exporter
  • Ethiopian Internet traffic leader
  • Leading distribution & trading company
  • Timber manufacturer
  • European coffee multinational merchant
  • Ethiopian FMCG manufacturer
  • American solar company
  • European construction company

Omer Bomba Mohammed

Managing Partner

Omer has a rich experience in the private, public and NGO sectors in both Ethiopia and the United States.

With Veritas, Omer is the team leader for our engagement with the Ethiopian Investment Commission. He heads various transactions and advisory engagements for leading local businesses and off-shore investors. Omer spearheaded Veritas’ 2,600 business MSE survey and report for the Government of Ethiopia on various policy engagements including the Financing for Development Conference and Commercial Agriculture Strategy.

Prior to co-founding Veritas Ethiopia, Omer's experience included advising flagship private sector initiatives for UNDP and DFID and has served as the fund manager for the AgriVest Fund.

In the United States, Omer's government experience includes working for Mayor Michael Bloomberg's administration in New York City where he was a Director of Strategic Planning and Policy for the Department of Small Business Services of the City of New York.

In the financial services sector, he was a published analyst for distressed debt, equity and mutual fund securities at various financial institutions. In the NGO space, he was Co-founder and President of Fitness and Nutrition for Kids and served as the Chief Financial Officer for Southern Queens Park Association.

Omer earned his MBA in Financial from Columbia Business School, a M.Sc. In Local Economic Development from the London School of Economics, and a B.Sc. in International Business from Albright College.

Yohannes Tewoldeberhan Tsehai

Managing Partner

His portfolio includes advising various government agencies on public policy in the fields of tax, law, economics, micro and small enterprises, development and housing. Furthermore, Yohannes provides legal and business development advising to private sector clients in a variety of sectors.

Recently, Yohannes served as a national legal expert providing policy, legal and capacity building recommendations to the Ministry of Mines, Petroleum and Natural Gas on two World Bank funded projects. He also served as a team leader for a commercial due diligence for an international investment management fund seeking to establish a hospital in Ethiopia.

Previously, Yohannes was the Director for the Center for Development Consulting, where his engagements included a year-long revenue potential and tax gap analysis for the Ethiopian Revenues and Customs Authority funded by the World Bank. He also served as a Senior Adviser for the Pan-African Chamber of Commerce and Industry.

Prior to returning to Ethiopia, Yohannes served as the Chief of Staff and Legislative Director for Congresswoman Sheila Jackson Lee in the United States Congress, where he wrote legislation, Congressional floor statements, and speeches on a diverse portfolio of issues including trade, homeland security, corruption, health, housing and agriculture. In addition, Yohannes served as a litigator at the international law firm of Cleary Gottlieb Steen & Hamilton in New York, where he worked on a range of complex commercial litigation cases such as corporate securities, fraud, bribery, international law, sovereign immunity, antitrust and insurance.

Yohannes earned a Juris Doctor (J.D) from Harvard Law School and a B.A. from Texas Southern University.