• 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

Sweet Success & Heavy Cargo: EIH Opens Annual Performance Reviews with Big Numbers

  • August 20, 2025
  • Dagmawi Zeleke

Sweet Success & Heavy Cargo: EIH Opens Annual Performance Reviews with Big Numbers
Ethiopian Investment Holdings (EIH) kicked off its annual performance dialogue this week, and day one packed a double feature: the heavyweight Ethiopian Shipping and Logistics (ESL) and the Ethiopian Sugar Industry Group (ESIG) with its three flagship factories. Together, they set the tone for a year of growth and a glimpse at the work still ahead.

Shipping: ESL sails past targets
ESL came in swinging. In the 2017 Ethiopian fiscal year (2023/24 G.C.), the state-owned logistics giant clocked 57.14 billion birr in revenue, beating targets by 20%. Profit before tax surged to 8.8 billion birr up 46% year-on-year and 32% above plan. Cargo volumes told a similar story: 7.7 million tons moved (up 40%), exports jumped 35.6%, and container handling hit 407,000 TEUs, beating expectations by 7%. Vessel utilization averaged a sharp 89%, reflecting operational efficiency few regional rivals can match.

Read More

Share:

More Posts

Ethiopia Breaks Ground on $2.5bln Fertilizer Plant, Oil Refinery Projects

Ethiopian authorizes have today broken ground on the $2.5 billion fertilizer production complex, and oil refinery construction project in Gode, Somali regional state. The fertilizer

Ethiopia set to become fertilizer hub as Dangote begins $2.5bn industrial complex

Aliko Dangote, Africa’s richest man and President of the Dangote Group, has launched the construction of a $2.5 billion fertiliser plant in Gode, Ethiopia, a

Dangote Sets Sights on Making Africa Food-Secure, Begins $2.5bn Urea Fertiliser Plant in Ethiopia

In a record-breaking joint venture partnership between an indigenous African private investor and a government, the Dangote Group has taken its investment on the continent

Ethiopia’s Sovereign Wealth Fund Sees Strong Annual Profit Growth

Ethiopia’s sovereign wealth fund has reported a significant uptick in annual profit, driven largely by strong performances of its portfolio companies involved in the transport

PrevPreviousEthiopian sovereign wealth fund backs gold miner
NextFour Hotels, Including Hilton, Record 564 Million Birr ProfitNext

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