The Minerals Income Investment Fund (MIIF) is Ghana’s sovereign minerals wealth fund, established by the MIIF Act 2018 (Act 978) to manage and invest the country’s mineral revenues for long-term benefit.

Hosted by Rwanda’s Agaciro Development Fund, the event showcased the continent’s sovereign funds’ commitment to collaboration and joint capital raises for their resilience and sustainable development.

Ethiopia and Mauritius have joined the Africa Sovereign Investors Forum (ASIF), the continental association of Africa’s Sovereign Wealth Funds. Both SWFs expressed their desire to explore collaborative opportunities and achieve mutual goals.

Ethiopian Investment Holdings (EIH) was established in December 2021 with authorized capital of Birr 100 billion.

Before its assets were frozen in 2011 due to the civil war, LIA made groundbreaking investments across Africa worth about $10billion spanning hotel, real estate, agriculture and energy sectors.