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Ethiopia Transfers Ownership of Key SOEs to Sovereign Wealth Fund

  • December 5, 2024
  • seblegirma_t4s9bcse
Ethiopia has moved 10 state-owned enterprises, including Ethiopian Electric Power and the Development Bank of Ethiopia, under the control of Ethiopian Investment Holdings (EIH), the country’s sovereign wealth fund. This...

Ethiopia has moved 10 state-owned enterprises, including Ethiopian Electric Power and the Development Bank of Ethiopia, under the control of Ethiopian Investment Holdings (EIH), the country’s sovereign wealth fund. This decision is intended to improve management efficiency and facilitate financial restructuring.

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