Fund Spotlight
The Ethiopian Investment Holdings (EIH) was established in December 2021 with authorized capital of Birr 100 billion (about $1.9 billion) in which Birr 25 billion (about $480 million) is paid up in cash and kind.
Before its assets were frozen in 2011 due to the civil war, LIA made groundbreaking investments across Africa worth about $10billion spanning hotel, real estate, agriculture and energy sectors.
African Sovereign Wealth Funds IndexTM
The African Sovereign Wealth Funds Index, published since 2018, is the leading benchmark for tracking the evolution, growth and performance of Africa’s SWFs.
The most recent edition of the Index was published in 2022. The next edition of the bienniel Index will be published in 2024.
2022 African SWFs Index: A Story of Progress
News and Insights
In July, Rwanda and its SWF – the Agaciro Development Fund -- will host the second annual convening of the African Sovereign Investors Forum (ASIF). ASIF is the continental association of Africa’s sovereign funds. The meeting will take place on July 6–7th, 2023 at Kigali Marriott Hotel.
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.
Partners
Sovereign Wealth Africa is a knowledge and transaction support platform collaboratively promoted by:
