EIH Advances $55 Million Hilton Expansion to add to Addis Ababa’s COP32 Hospitality Capacity
As Addis Ababa prepares to host tens of thousands of delegates for the 2027 United Nations Climate Change Conference (COP32), the state is mobilizing capital to rapidly scale its diplomatic lodging infrastructure. Ethiopian Investment Holdings (EIH) is injecting approximately $55 million into a new 150-key Hilton Garden Inn and wellness facility, strategically co-located directly inside the existing Hilton […]
EIH unveils $55 million Hilton Garden Inn development
The Ethiopian Investment Holdings (EIH) has unveiled a major project designed to elevate the country’s hospitality investment strategy. A new 150-room Hilton Garden Inn hotel and a modern wellness facility will be built within the existing Hilton Addis Ababa compound in the heart of the capital, Africans and Diaspora. Estimated at approximately $55 million, the […]
EIH Plans $55 Mln Hilton Garden Inn Expansion Ahead of COP32
Ethiopian Investment Holdings is moving ahead with a roughly 55 million US dollars expansion of its hospitality portfolio, developing a 150-key Hilton Garden Inn and wellness facility within the existing Hilton Addis Ababa compound. The project is designed to add hotel capacity without developing a separate site, using existing assets around the state-owned Hilton property. […]
EIH Shifts Focus to Building New Strategic Businesses
Ethiopian Investment Holdings (EIH) says it is expanding beyond managing existing state-owned enterprises to develop new businesses in strategic sectors, with an ambition to build companies that can drive Ethiopia’s economic growth and expand across Africa. EIH Chief Executive Officer Brook Taye says the investment strategy is intended to preserve and strengthen the assets inherited […]
Ethiopia’s Investment Strategy: Inside the Deals Shaping the Economy | Dr. Brook
Ethiopia is investing in infrastructure, strategic industries and new partnerships to strengthen its economic competitiveness.In this exclusive Pulse of Africa interview, Brook Taye CEO of Ethiopian Investment Holdings (EIH), explains the thinking behind the Ethiopia–Djibouti petroleum products pipeline and the role EIH is playing alongside the Dangote Group and Djibouti. The conversation goes beyond the […]
Ethiopia, Djibouti advance $660 million fuel pipeline
A 120-kilometre pipeline is set to link Djibouti’s Damerjog port to Dewele in Ethiopia, cutting fuel transport costs. The project will include storage terminals and is expected to improve fuel security while reducing foreign-exchange losses.View more
Investment Holdings CEO: Ethiopia-Djibouti Pipeline to Transform Fuel Logistics and Boost Competitiveness
Ethiopia-Djibouti Pipeline to Boost Fuel Supply Efficiency, Reduce Logistics Costs The 120-kilometre petroleum products pipeline linking Damerjog in Djibouti with Dewele in Ethiopia is intended to address what Ethiopian Investment Holdings CEO Brook Taye described as a major logistics constraint for Ethiopia. Ethiopia, Djibouti and the Dangote Group have announced plans to develop a 120-kilometre […]
2 ዓመት የሚጠናቀቀው የኢትዮ ጂቡቲ የተጣራ የነዳጅ ማስተላለፊያ መስመር
What does the Ethiopia–Djibouti petroleum infrastructure project mean for Ethiopia’s energy security, logistics and regional connectivity? Ethiopian Investment Holdings CEO Dr. Brook Taye sat down with Ethiopian Broadcasting Corporation to discuss the project’s strategic significance and its potential to strengthen petroleum supply, logistics and regional connectivity. Watch the full interview to hear Dr. Brook Taye […]
Ethiopia, Djibouti advance $660 million fuel pipeline
Ethiopia is moving to strengthen its fuel security through a $660 million (R10.7bn) pipeline project linking the country to Djibouti, with Nigerian industrialist Aliko Dangote also involved in the investment. Ethiopian Investment Holdings says the 120km pipeline will connect the Damerjog petroleum hub in Djibouti to Dewele in Ethiopia’s Somali Region. The project will include […]
Investment Holdings CEO: Ethiopia-Djibouti Pipeline to Transform Fuel Logistics and Boost Competitiveness
The 120-kilometre petroleum products pipeline linking Damerjog in Djibouti with Dewele in Ethiopia is intended to address what Ethiopian Investment Holdings CEO Brook Taye described as a major logistics constraint for Ethiopia. Ethiopia, Djibouti and the Dangote Group have announced plans to develop a 120-kilometre refined petroleum products pipeline linking Damerjog in Djibouti to Dewele […]