Ethiopian Investment Holdings Invests USD 3 Million for 7.4% Stake in Akobo Minerals
Ethiopian Investment Holdings Invests USD 3 Million for 7.4% Stake in Akobo Minerals Ethiopian Investment Holdings (EIH), the country’s sovereign wealth fund, has made its first-ever international investment by acquiring a stake in Akobo Minerals AB, a Scandinavian-based Ethiopian gold producer listed on Euronext and Frankfurt Stock Exchange. Under the agreement, EIH will subscribe to 15 […]
Akobo secures funds to advance Segele
Akobo secures funds to advance Segele The investment highlights Akobo Minerals as a significant player in Ethiopia’s mining industry Gold producer and exploration company Akobo Minerals has secured an investment from Ethiopian Investment Holdings (EIH), the Sovereign Investment Fund of Ethiopia. EIH will obtain a 7.4% ownership stake in Akobo through the subscription of 15,000,000 new shares […]