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Ethiopia's Sovereign Wealth Fund Exceeds $40 Bln Amid Rise as Global Investment Hub

Ethiopia's Sovereign Wealth Fund Exceeds $40 Bln Amid Rise as Global Investment Hub

Sputnik Africa

Ethiopia's Sovereign Wealth Fund Exceeds $40 Bln Amid Rise as Global Investment HubAround 80% of recent investments in Ethiopia are locally sourced, State... 13.05.2025, Sputnik Africa

2025-05-13T14:44+0200

2025-05-13T14:44+0200

2025-05-13T15:04+0200

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Ethiopia's Sovereign Wealth Fund Exceeds $40 Bln Amid Rise as Global Investment HubAround 80% of recent investments in Ethiopia are locally sourced, State Finance Minister Eyob Tekalign noted at the Invest in Ethiopia 2025 Forum."We need partners for the long haul," the official emphasized.The government's strategic approach prioritizes private sector-driven growth alongside careful public spending to foster long-term, sustainable development, he pointed out.Key focus sectors: mining, tourism, ICT, and manufacturing — to boost growth and investment."Ethiopia is more open for business than ever," Finance Minister Ahmed Shide stated, launching the forum.Subscribe to @sputnik_africa Sputnik Africa | X

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