Ethiopian Investment Holdings manages assets worth $150 billion

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.

Source: FBC

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