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EIH terminates Battery-Swap Partnership with Dodai Group - Capital Newspaper

Summary by capitalethiopia.com
Ethiopian Investment Holdings (EIH), the state-owned sovereign wealth fund overseeing 40 enterprises, has ended its partnership with Japan’s Dodai Group Inc. to deploy battery-swapping stations for electric motorcycles. The decision, announced on March 22, 2025, marks a strategic pivot toward a broader venture capital (VC) fund to support Ethiopia’s sustainable transport sector. The terminated Memorandum of Understanding (MoU), signed on October…
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EIH terminates Battery-Swap Partnership with Dodai Group - Capital Newspaper

Ethiopian Investment Holdings (EIH), the state-owned sovereign wealth fund overseeing 40 enterprises, has ended its partnership with Japan’s Dodai Group Inc. to deploy battery-swapping stations for electric motorcycles. The decision, announced on March 22, 2025, marks a strategic pivot toward a broader venture capital (VC) fund to support Ethiopia’s sustainable transport sector. The terminated Memorandum of Understanding (MoU), signed on October…

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capitalethiopia.com broke the news in on Tuesday, March 25, 2025.
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