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est. USD 46bn · as of 2025-12 · attributed third-party estimate · source · retrieved 2026-09-01
Global SWF estimate; EIH claims 45-50bn consolidated SOE holdings; no audited consolidated figure published
Rank #81 in The Sovereign 100 (2026).
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| ●● | Holdings detail |
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| ●● | Strategy & allocation |
| ●● | Regulatory filings |
AUDITED 2026-09-01 against eih.et - grade F(4/16) to C(9/16), a TWO-LETTER correction and the largest error published to date. Original score was assigned against eih.gov.et, which does not resolve. C2=2: full IFRS consolidated financial statements for FY-June-2023 published (73pp; total assets ETB 2.81tn; named auditor Audit Services Corporation) PLUS 27 audited financial statement packages for portfolio companies each carrying a signed unqualified opinion from the Office of the Federal Auditor General. C4=2: complete percentage-level holdings register - 26 direct subsidiaries with effective interest, 5 second-tier, associates, plus 12 expanded-ownership entities down to 14 percent stakes. C6=2: Regulation 487/2022 published in full Negarit Gazette text; seven board members named. GENUINE WEAKNESSES: only one year of group accounts, authorised ~32 months after year-end; consolidated PDF omits its own audit opinion (present for subsidiaries); no interim reporting; no quantified allocation policy.
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Email a correctionCite as: Capital Almanack, “The Sovereign 100” (2026), capitalalmanack.com/funds/eih.html
Ethiopia