Ethiopian Investment Holdings Celebrates Revenue Jump

EIH paid 98 bln in taxes over nine monthsEthiopian Investment Holdings (EIH) reported revenues of 1.5 trillion birr over the first three quarters of the financial year, registering an 86 percent increase compared to the same period last year. EIH currently oversees a portfolio of 40 state-owned enterprises, including giants like Ethiopian Airlines, Ethio telecom, […]

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…