Azerbaijan and Ethiopia’s investment holdings sign cooperation MoU
Azerbaijan Investment Holding (AİH) and Ethiopian Investment Holdings (EIH) signed a Memorandum of Understanding (MoU) in Addis Ababa, the capital of Ethiopia, to promote strategic cooperation.
The document was signed by EIH CEO Dr. Brook Taye and AİH CEO Ruslan Alihanov. It sets a framework for collaboration in knowledge sharing, technology exchange, and joint investment initiatives.
Brook Taye highlighted the memorandum as a key step in strengthening economic ties between Ethiopia and Azerbaijan, fostering sustainable growth through investment management expertise. Ruslan Alihanov emphasized the partnership’s potential, noting that it will create new opportunities for knowledge transfer, technology adoption, and efficiency improvements in state enterprises.