Ethiopian Investment Holdings manages assets worth $150 billion

Addis Ababa, October 8, 2024 (FBC) – The International Forum of Sovereign Wealth Funds, which monitors such funds globally, recognized the Ethiopian Investment Holdings as Africa’s largest sovereign wealth fund, with assets under management of US$150 billion, according Pindula, a Zimbabwean media outlet.

The Ethiopian fund holds over 30 state companies, including flagship enterprises such as Ethiopian Airlines and Ethio Telecom.