EIH terminates Battery-Swap Partnership with Dodai Group

Ethiopian Investment Holdings (EIH), the state-owned sovereign wealth fund overseeing 40 enterprises, has ended its partnership with Japan’s Dodai Group Inc. to deploy battery-swapping stations for electric motorcycles….

Ethiopia’s Sovereign Wealth Fund Scraps Dodai MoU

Ethiopian Investment Holdings (EIH) has terminated its Memorandum of Understanding (MoU) with Addis Ababa-based electric vehicle (EV) startup Dodai Inc. five months after it was signed. The Ethiopian government’s invest…