EIH’s Subsidiaries Generate 250bln Birr in First Quarter Revenue
Ethiopian Investment Holdings (EIH), a national sovereign fund, managed to generate close to 250 Billion Birr in first-quarter revenue from state-owned companies in its portfolios.
EIH Generates over 249 Billion Birr in Q1 of EFY
The Ethiopian Investment Holdings (EIH) announced that the public enterprises under it have generated over 249 billion Birr in the first fiscal quarter of 2016.
Ethiopia Partners AMEA to Build 300MW Wind Power Project
Ethiopia’s Finance Ministry and AMEA POWER, a Dubai-based developer, signed an agreement to build the Horn of Africa’s largest onshore wind farm with a capacity to generate 300 megawatts of electricity.
የመንግሥት የልማት ድርጅቶች ከ249 ቢሊየን ብር ብላይ ገቢ አገኙ
የኢትዮጵያ ኢንቨስትመንት ሆልዲንግ የሚያስተዳድራቸው የመንግሥት የልማት ድርጅቶች በሩብ ዓመቱ ከ249 ቢሊየን ብር ብላይ ገቢ ማግኘታቸው ተገለጸ።
Under-formation stock exchange secures 25pct capital, seven found
Ethio telecom, Ethiopian Shipping and logistics Service Enterprise (ESLSE), Ethiopian Insurance Corporation (EIC) and Berhanena Selam Printing Enterprise have agreed to contribute portions of the 25 percent seed money re…
Most of Public Enterprises Administered Under EIH Profitable
Most of the public enterprises that are being administered by the Ethiopian Investment Holdings (EIH) have become profitable due to the reform carried out to improve their activities, Deputy CEO disclosed.
UAE President, Prime Minister of Ethiopia sign various MOUs
President His Highness Sheikh Mohamed bin Zayed Al Nahyan and Dr. Abiy Ahmed, Prime Minister of the Federal Democratic Republic of Ethiopia, today witnessed the signing of various memoranda of understanding and agreement…
Ethiopian Investment Holdings Joins IFSWF
The International Forum of Sovereign Wealth Funds (IFSWF), a global network of sovereign wealth funds from over 40 countries, has admitted the Ethiopian Investment Holdings as an associate member.
Ethiopian Securities Exchange set to launch in two years
By Tom MinneyOctober 26th 2022East Africa, EthiopiaFinance & Services
Ethiopia fund to lure billions of dollars in foreign investment
Addis Ababa seeks to open up state-dominated economy as it tries to recover economic momentum