
Editorial | Jul 23,2022
The country's biggest public enterprises have come under the wing of the newly-formed Ethiopian Investment Holdings (EIH).
The Ethiopian Airlines Group, the Commercial Bank of Ethiopia, Ethio telecom, the Ethiopian Shipping & Logistics Services Enterprise, and Ethiopian Electric Utility are among the 28 state-owned entities under the purview of the sovereign wealth fund.
EIH was established earlier this year with an authorised capital of 100 billion Br, of which 25 billion Br is to be paid up. Prime Minister Abiy Ahmed (PhD) chairs its board of directors of six. Board members include Finance Minister Ahmed Shide, Frehiwot Tamiru, CEO of Ethio telecom, and Berhanu Nega (Prof.), minister of Education.
Mamo Mihretu, former policy advisor to the Prime Minister, was chosen to lead the wealth fund as CEO in February.
Last month, EIH was approved as an associate member of the International Forum of Sovereign Wealth Funds, a global network of sovereign wealth funds from over 40 countries.
PUBLISHED ON
Jun 24,2022 [ VOL
23 , NO
1156]
Editorial | Jul 23,2022
Radar | Feb 13,2021
Viewpoints | Jul 31,2021
Radar | Jun 01,2019
Featured | Oct 16,2021
Fortune News | Mar 14,2020
Radar | Oct 31,2020
Fortune News | Dec 25,2021
Sunday with Eden | Jan 26,2019
Fortune News | Feb 22,2020
July 2 , 2022 . By RUTH TAYE
On a rainy afternoon last week, a coffee processing facility in the capital's Akaki-Qality District was abuzz with activ...
November 27 , 2021
Against my will, I have witnessed the most terrible defeat of reason and the most sa...
November 13 , 2021
Plans and reality do not always gel. They rarely do in a fast-moving world. Every act...
October 16 , 2021 . By HAWI DADHI
Residing in a country with no capital market, an organised marketplace for trading se...
August 6 , 2022
Few initiatives by the administration of Prime Minister Abiy Ahmed (PhD) have been pu...
July 30 , 2022
Ethiopia’s banking industry is not merely underdeveloped. It has historically regre...
July 23 , 2022
The flip side of a government spending plan is financing. Behind the campaign promise...
July 17 , 2022
Messrs Ahmed Shide and Eyob Tekalegn (PhD), minister and state minister for Finance,...
Put your comments here