Ethiopia Investment Holdings has built an asset base of 8.2 trillion birr as the state owned holding company moves to reposition Ethiopia’s public enterprises for regional competition, following a broad restructuring of ownership and governance.

The disclosure was made on Thursday at the Ethiopia “Ethiopia Forward Finance 2026” conference, a conference that brought together financial sector institutions to discuss the country’s financial and investment landscape.

Brook Taye, chief executive of Ethiopia Investment Holdings, said the reforms are intended to strengthen the contribution of public enterprises to the domestic economy while preparing them to expand beyond Ethiopia’s borders and compete in African markets.

Established in 2021, the holding company consolidated forty one state owned development enterprises under a single ownership structure, replacing a fragmented system that had left major public assets operating with weak financial controls, limited audit oversight and rising debt pressures.

The restructuring introduced modern ownership and management frameworks aligned with international corporate governance standards. Standardised audit systems were rolled out across the portfolio, helping several enterprises move from loss making positions to profitability.

Over the past four years, combined revenue across the group rose from 704 billion birr to 6.1 trillion birr. The state owned enterprises are currently involved in thirty six large scale projects spanning infrastructure, energy, manufacturing and logistics.