Ethiopian Investment Holdings is the Latest Sovereign Wealth Fund
Posted on 12/30/2021
Ethiopian Investment Holdings (EIH) is being created as a strategic development sovereign wealth fund (SDSWF) that could be comparable to Temasek Holdings, Mubadala Investment Company, and Turkey Wealth Fund.
On December 29, 2021, Ethiopia’s Council of Ministers approved the creation of Ethiopian Investment Holdings – Ethiopia’s Sovereign Wealth Fund. Ethiopian Investment Holdings is the strategic arm of the nation and sets out to maximize the value of state-owned assets through professional management, leveraging international best practices.