• Home
  • About Us
    • Our Mission and Vision
    • Objectives
    • History
    • Board of Directors
    • Message From CEO
    • Our Leadership Team
  • Investment
    • Sectors We Invest In
    • How We Design Our Investments
    • How We Categorizes Our Investments
    • What Vehicles Does EIH Use?
    • Investment Considerations
    • Investment Process
    • EIH’s Value Proposition
    • Success Stories
  • Portfolio
    • Transport and Logistics
    • Energy and Connectivity
    • Financial Services
    • Mining, Engineering and Chemicals
    • Hospitality
    • Agriculture and Agro-Processing
    • Manufacturing
    • Trading
    • Construction and Real estate
  • Resources
    • Audit Report
    • Annual Report
    • Publications
    • Laws and Regulations
  • More
    • News and Media
    • Gallery
    • Career
    • Contact Us
qt=q_95

Ethiopia’s Investment Holding Secures First Overseas Stake in $3M Akobo Minerals Investment

  • August 12, 2025
  • Dagmawi Zeleke

OSLO / ADDIS ABABA — August 11, 2025 — In a historic move signaling Ethiopia’s growing integration into global capital markets, Ethiopian Investment Holdings (EIH), the country’s sovereign wealth fund, has taken its first-ever equity stake in an international company — investing USD 3 million in Scandinavian-based gold producer Akobo Minerals AB (Euronext and Frankfurt: AKOBO; OTC: AKOBF).

The deal, announced Monday, involves a private placement of 15 million new shares at USD 0.20 per share, giving EIH a 7.4% ownership stake. The capital will be used to accelerate the development of Akobo’s high-grade Segele gold mine in western Ethiopia, including the construction of a vertical shaft that is expected to boost monthly output five- to eightfold, from 5–10 kilograms to 50–80 kilograms.

Read More

Post Views: 57

Share:

More Posts

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

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

News: Ethiopia’s Sovereign Fund makes first international investment in Akobo minerals

Addis Abeba – Akobo Minerals, the Scandinavian-based Ethiopian gold exploration and boutique mining company, Ethiopia’s Sovereign Wealth Fund, Ethiopian Investment Holdings (EIH), has made its first-ever international

Ethiopian Investment Holdings Acquire Stake in Gold Producer Akobo Minerals

Ethiopian Investment Holdings Acquire Stake in Gold Producer Akobo Minerals August 11, 2025 Ethiopian Investment Holdings (EIH), nation’s sovereign fund, makes its first international investment,

PrevPreviousEthiopian Investment Holdings Acquire Stake in Gold Producer Akobo Minerals
NextNews: Ethiopia’s Sovereign Fund makes first international investment in Akobo mineralsNext

Ethiopian Investment Holdings

Quick Links

  • Home
  • About Us
  • Investment
  • Portfolio
  • Contact Us

Contact

+251(0)111 70 45 40

info@eih.et

General Winget St, Hilcoe Building 5th floor, Addis Ababa ,Ethiopia

Copyright © 2025 All Right Reserved