EIH Cannot Substitute for True Sovereign Wealth Fund, Says AfDB Report
Bank projects Ethiopia’s 2026/27 growth at 8.7pct A comprehensive report issued by the African Development Bank (AfDB) warns that Ethiopian Investment Holdings (EIH) cannot serve as a substitute for a true sovereign wealth fund (SWF) due to Ethiopia’s ongoing macro-fiscal vulnerabilities. The AfDB’s Ethiopia Country Focus Report 2026, titled “Mobilizing...