Back in 1930, the Italian car manufacturing company, FIAT (Fabbrica Italiana Automobili Torino) introduced in Ethiopia truck model 621 and 634 which gradually gained popularity in the country. Apparently, encouraged by the promising result from the venture, FIAT decided to open an assembly plant in Ethiopia in collaboration with the Ethiopian Government. Thus, AMCE was established in 1970, at the same place it is occupying now, Bole sub-city, Woreda 12 House No. 306 on a total area of 132,392 square meter land and currently employ about 150 workers. the Automotive Manufacturing Co. of Ethiopia (AMCE) is today the biggest company in the country in the Industrial vehicles' segment. AMCE is a share-holder company owned 70% by IVECO, the international company of the FIAT group and 30% by the local Ministry of Industry and Trade. Since its foundation, AMCE has concentrated its business in the transport sector. At the end of the 70's AMCE was the sole company in Ethiopia to assemble heavy trucks. With its huge premises the company was monopolist in the truck business and was also the leader in the bus segment. After the opening of the market (customs duties on imported vehicles have been dramatically reduced) AMCE is still keeping the leadership in the heavy trucks segment. Even today where the competition is very high, IVECO products are still the most required. In Ethiopian Market IVECO product is appreciated that are very reliable and are keeping a very good value even after many years; this is also due the huge running park, of around 15.000 units between trucks and buses and availability of spare parts all over the country".

We offer a full range of Mechanical, Electrical and Body repairs for your vehicles. Our state-of-the-art computerized diagnostic center will diagnose what is wrong with your vehicle along with our expert staff who are professionally trained for this. Our qualified technicians will then install new from our parts facility. We use our equipment and training in repairing your car to provide you with the best possible repair service available. From the simplest maintenance question to the most complex mechanical repair, our trained technicians have the experience and expertise to resolve any possible service need.

BIFM is a pioneer in asset management and manages in access of P21.6 billion in assets across equity, fixed income, real estate, liquidity and alternative investments. Bifm has also invested in non-traditional assets like in the healthcare industry, tourism sector through KYS Investments, and property development activities.   Through a joint venture Bifm owns 50% of Khumo Property Asset Management Limited which, is responsible for the management of a property portfolio, including that of Debswana Pension Fund, Airport Junction Shopping Centre and Railpark Mall to mention a few. Based in Botswana, Bifm owns 49% of an operation in Zambia that trades under the name 'Aflife Zambia' which specialises in asset management and employee benefits. Still in Zambia, BIFM owns a majority stake in a property investment company called Quantum Assets Zambia Ltd.   BIFM was founded in 1975 as Botswana's first "Fund" manager. Its establishment coincided with the start of a period of tremendous growth in the Botswana economy. This accelerated as the years went by, as is illustrated by the fact that in 1998 the company was handling around P770-million in investments. By 2001 this had more than doubled to some P2-billion. Today, the P2-billion has grown to over P21.6 billion. 

We have specialized in manual and automotive Gearbox and Differential remanufacture for over 33 years to all Car &Truck, Off-Road and Plant Equipment. Our transmission rebuilding facility complies with international specifications. Our work complies to S.A.B.S ISO 9002 standards.    We extend a 12 month unlimited kilometer warrantee country wide and also a 24 month warrantee (conditions applied) Originally known by the industry as 'Gearbox and Diff Centre', part of the process in defining and maintaining our identity within the industry has included operating our company under the new name of 'Recon Gearbox and Diff Centre' We differ and stand apart from other suppliers in that we streamline our business to suit our clients, evolving our knowledge and expertise to meet with manufacturer's developments & requirements. Our 'Remanufacture Program' with internal specialized departments handling the chassis removal, the stripping, the clearing, inspection and re-assembly, with each section operating as an independent cost centre within the company, has within the industry been revolutionary and to date no other facility goes the remanufacture route to this level

BIFM is a pioneer in asset management and manages in access of P21.6 billion in assets across equity, fixed income, real estate, liquidity and alternative investments. Bifm has also invested in non-traditional assets like in the healthcare industry, tourism sector through KYS Investments, and property development activities. Through a joint venture Bifm owns 50% of Khumo Property Asset Management Limited which, is responsible for the management of a property portfolio, including that of Debswana Pension Fund, Airport Junction Shopping Centre and Railpark Mall to mention a few. Based in Botswana, Bifm owns 49% of an operation in Zambia that trades under the name 'Aflife Zambia' which specialises in asset management and employee benefits. Still in Zambia, BIFM owns a majority stake in a property investment company called Quantum Assets Zambia Ltd. BIFM was founded in 1975 as Botswana's first "Fund" manager. Its establishment coincided with the start of a period of tremendous growth in the Botswana economy. This accelerated as the years went by, as is illustrated by the fact that in 1998 the company was handling around P770-million in investments. By 2001 this had more than doubled to some P2-billion. Today, the P2-billion has grown to over P21.6 billion.