Ethiopia, Djibouti and Dangote advance pipeline project with 1 mcm of fuel storage
Ethiopia, Djibouti and the Dangote Group have unveiled a major infrastructure initiative designed to improve fuel transportation, enhance energy security and support greater economic development along the Ethiopia-Djibouti corridor (Ethiopian News Agency, 24/09/2026). The project will involve the construction of a 120 km refined petroleum products pipeline connecting Damerjog in Djibouti to Dewele in Ethiopia, alongside more than 1 mcm of combined storage capacity at both ends of […]
Foundation Stone Laid as EIH Signs MoU for $660m Ethiopia-Djibouti Petrolium Pipeline
ADDIS ABABA – Ethiopian Investment Holdings (EIH) partnered with Dangote Group and Djibouti’s state-owned investment firm to develop a petroleum pipeline infrastructure linking the two East African countries, with storage terminals at both ends. The 660 million USD infrastructure is expected to establish an integrated petroleum products supply chain connecting marine receipt and storage facilities in […]
Ethiopia-Djibouti Pipeline to Revolutionize Fuel Logistics, Strengthen Trade Corridor: EIH CEO
The newly launched Ethiopia-Djibouti petroleum products pipeline will transform fuel logistics by reducing reliance on tanker trucks, cutting transport costs, easing corridor congestion and accelerating fuel deliveries, Ethiopian Investment Holdings (EIH) CEO Brook Taye said. Ethiopia, Djibouti and the Dangote Group on Thursday announced plans to develop a 120-kilometre refined petroleum products pipeline linking Damerjog […]
Africa’s richest man and Ethiopia to lay $660 million fuel lifeline, giving the landlocked country a new fuel route
Aliko Dangote and Ethiopian Investment Holdings are planning to invest $660 million in a petroleum-products pipeline that will connect Ethiopia to Djibouti’s coast, giving the landlocked country a new route for moving refined fuel.read More
ኢትዮጵያና ጅቡቲን የሚያገናኝ የነዳጅ መሰረተ ልማት ግንባታን የሚያስጀምር የመሰረት ድንጋይ ተቀመጠ፤ የኢትዮጵያ ኢንቨስትመንት ሆልዲንግስም የግንባታ ስራውን ለመስራት የሚያስችለውን የመግባቢያ ስምምነት ተፈራረመ።
ጅቡቲ፣ መስከረም 14 ቀን 2019 ዓ.ም. — ከኢትዮጵያ እስከ ጅቡቲ የሚዘረጋና ሁለቱን ሃገራት የሚያገናኝ የነዳጅ ማከማቻና የማስተላለፊያ መስመር መሰረተ ልማትን ግንባታ መጀመርን የሚያበስር የመሰረት ድንጋይ በዛሬው እለት በኢትዮጵያ ፌዴራላዊ ዲሞክራሲያዊ ሪፐብሊክ ጠቅላይ ሚኒስትር ክቡር ዶ/ር አብይ አህመድ፣ በጅቡቲ ሪፐብሊክ ፕሬዝዳንት ክቡር እስማኤል ዑመር ጌሌ እና በዳንጎቴ ግሩፕ ፕሬዝዳንት አልሃጂ አሊኮ ዳንጎቴ አማካኝነት ተቀምጧል። ይህ ታሪካዊ […]
Foundation Stone Laid as EIH Signs MoU for Transformative Petroleum Infrastructure Connecting Ethiopia and Djibouti
Djibouti, September 24, 2026 — The foundation stone for major petroleum storage and pipeline infrastructure connecting Ethiopia and Djibouti was laid today by H.E. Abiy Ahmed (PhD), Prime Minister of the Federal Democratic Republic of Ethiopia, H.E. Ismail Omar Guelleh, President of the Republic of Djibouti, and Alhaji Aliko Dangote, President of the Dangote Group. […]
National ID Program Reestablished as State-Owned Enterprise “Faydaverse” to Anchor Nationwide Digital Public Infrastructure and Joins Ethiopian Investment Holdings Portfolio.
PRESS RELEASE National ID Program Reestablished as State-Owned Enterprise “Faydaverse” to Anchor Nationwide Digital Public Infrastructure and Joins Ethiopian Investment Holdings Portfolio. Addis Ababa, Ethiopia – August 4, 2026 Ethiopia’s National ID Program has entered a new chapter with its establishment as Faydaverse, a State-Owned Enterprise (SOE) mandated to develop, operate, and scale trusted Digital […]
Ethiopian Investment Holdings Signs Strategic MoU with Russia’s Prodintorg at Kazan Forum 2026
Kazan, Russia — Ethiopian Investment Holdings (EIH), led by Chief Executive Officer Brook Taye, is actively participating in the Kazan Forum 2026. As a key highlight of its forum engagements, EIH has signed a Memorandum of Understanding (MoU) with Joint Stock Company Foreign Economic Corporation Prodintorg, a state-owned enterprise operating under the Ministry of Agriculture […]
Ethiopian Investment Holdings Signs Potash Mining Agreement with Ministry of Mines
March 13, 2026 — Ethiopian Investment Holdings (EIH) has signed a potash mining agreement with the Ministry of Mines of Ethiopia, marking an important step toward unlocking Ethiopia’s significant mineral potential and advancing the development of strategic resources. The agreement was signed by Dr Brook Taye, Chief Executive Officer of Ethiopian Investment Holdings, and Engineer […]
Effective Asset Management Boosts Revenue of Ethiopia’s Public Enterprises: EIH Deputy CEO
Revenue generated by public enterprises under Ethiopian Investment Holdings (EIH) has shown a significant increase due to improved asset management and efficient utilization, Deputy CEO Habtamu Hailemichael said. The Finance Forward Ethiopia Conference was held in the presence of Prime Minister Abiy Ahmed, senior government officials, and representatives from financial institutions nationwide.Read More