The Ethiopian Investment Holding (EIH) is aiming to increase its share of national output from 12 percent to 20 percent under CEO Brook Taye's leadership.
The Ethiopian Investment Holding (EIH), managed by Brook Taye (PhD), has outlined plans to significantly expand its influence in the national economy. Currently, EIH oversees more than 40 state-owned enterprises and 36 active projects, with a collective valuation of five billion dollars. This expansion marks a notable increase in the state's economic presence.
In its most recent annual report, EIH recorded revenue of 8.2 trillion Ethiopian birr. Over the past four years, the fund has contributed 644 billion birr in taxes to the government. These figures underscore the growing financial footprint of the sovereign fund as it pursues its ambitious targets.
Led by CEO Brook Taye, EIH is focused on transforming state enterprises into more competitive entities, though specific strategies beyond the output share goal remain detailed in ongoing developments.
