The Ethiopian Investment Holdings (EIH) signed a memorandum of understanding (MoU) with US International Finance Partners (USIFP) on the sidelines of the U.S.-Africa Business Summit in Luanda, Angola. The agreement, worth over USD 200 million, aims to develop luxury hotels, branded residences, and related tourism facilities in Ethiopia.
Ethiopian Investment Holdings (EIH) has signed an MoU with Great Horn Investment Holding to co-invest in petroleum storage facility in Djibouti, EIH announced. The joint investment will be "the first of a series of investment undertakings that will help relieve one of the major constraints of Ethiopia's and the region's economy," EIH stated in a tweet.
Ethiopian Investment Holdings (EIH) has introduced a new digital platform named Adera, developed to collect reports related to corruption and malpractice within state owned enterprises under its management. The platform is available through a website and mobile application.
An Ethiopian Investment Seminar under the theme, ‘Manufacturing investment and Development of Industrial Zone in Ethiopia,’ was held on December 17, 2015, in Tokyo, Japan, according to Ethiopian Herald.
Ethiopian Airlines, the largest, fastest growing and most profitable airline in Africa, is pleased to announce that it has been voted and won the Passenger Choice Awards for "Best Airline in Africa" for the third time in a row at the APEX 2015 EXPO held on 27 September 2015 at the Oregon Convention Center in Portland.
