Birth of a giant: Ethiopian Investment Holdings becomes Africa’s second largest with $45billion in asset
Ethiopian Investment Holdings (EIH) was established in December 2021 with authorized capital of Birr 100 billion.
Nigeria’s fuel subsidy removal will boost sovereign wealth fund cash, chief investment officer says
According to Reuters, the chief investment officer of the Nigeria Sovereign Investment Authority (NSIA) stated that NSIA will receive $100 million to $200 million this year from the government and the removal of fuel subsidies would increase available funds.