Ethiopia SWF eyes asset growth via sovereign stake sales

Ethiopian Investment Holdings (EIH), the country’s sovereign wealth fund, is preparing the sale of stakes in a number of the state enterprises it owns, to provide a pool for future investments. “We have begun investments and are considering a range of opportunities,” Abdurahman Eid Tahir, who was appointed CEO of EIH in January, told AsianInvestor. He added that the fund hoped to complete a significant portion of sales over the next two years. The fund is already conducting an…