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Ethiopia
Oromia sets up its own sovereign wealth fund

Reading time 2 min

Ethiopian Prime Minister Abiy Ahmed's campaign billboard in the town of Jimma, Oromia Region, Ethiopia, June 2021.
Ethiopian Prime Minister Abiy Ahmed's campaign billboard in the town of Jimma, Oromia Region, Ethiopia, June 2021. © Tiksa Negeri / Reuters

Close to Prime Minister Abiy Ahmed, regional president Shimelis Abdisa is restructuring his investment vehicle. This move demonstrates his desire to speed up Oromia's economic dynamism.

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