About us
Vision
To be Africa’s premier sovereign fund, advancing economic empowerment
Mission
To drive economic transformation through strategic capital deployment across competitive portfolios — with a commitment to excellence in performance, governance, and innovation
Core Values
High Performance Standards
Inclusive Ideas and Representation
Continuous Improvement
Integrity, Transparency, Fairness
Long Term Public Benefit
Message from the Board Chairperson
The reform government has been committed to overhaul fundamental socio-economic transformation at national and regional levels through the comprehensive reform initiatives aiming at ensuring the achievement of prosperous socio-economic landscape. Undeniable and promising results so far achieved are evidences of the right track our government stands firmly on.
At Oromia government, our vision and mission has been rooted on the strong commitment and relentless dedication to do away with the venerable and persistent poverty that our society has been unfairly and undeservedly suffering from. Cognizant of the fact that Oromia is situated along vital industrial and trade zones of Ethiopia; and, endowed with enormous potential for generating wealth and realize economically empowered society, the regional government has been engaged in multiple economic growth programs on transforming strategic economic sectors so as to effectively explore and exploit opportunities to develop competitive and resilient economy at regional and global level.
Significant reform measures have been underway toward improving the investment landscape aiming at creating conducive platform for the private sector recognizing its role as driver of free market economic undertakings. Our government renews its commitment to encourage investment and public-private partnership endeavor to bring about knowledge, technology, wealth and jobs to enhance the livelihood of our society as well as improve efficiency and competitiveness by venturing in high stake business undertakings.
Message from the CEO
The Oromia National Regional State Government has been establishing the State-Owned Enterprises (SOEs) with the primary objectives of addressing market inefficiencies, facilitating technology transfer, generating employment, stimulating economic growth, and ultimately contributing to the broader social and economic transformation of the region.
Over time, several reforms have been introduced to strengthen the institutional framework of SOEs. One significant milestone was the establishment of the Oromia Public Enterprises Supervisory Authority (OPESA) in 2003 E.C., which was later restructured into the Oromia Public Enterprises Bureau (OPEsB) in 2014 E.C., through Regulation No. 242/2014. Both institutions were tasked with providing regulatory oversight of the SOEs.
However, despite the government's clear expectations of profitability and competitiveness from SOEs, a range of persistent challenges — including inefficiencies, lack of synergy, governance gaps, and limited effectiveness — have constrained their performance. These issues prompted a comprehensive research effort spanning over a year, culminating in the strategic transformation of OPEsB into the Oromia Sovereign Fund (OSF).
