WIRE โ€” Ethiopia has officially transitioned its National ID Program into a State-Owned Enterprise (SOE) named Faydaverse. The newly established entity has been integrated into the portfolio of the Ethiopian Investment Holdings (EIH), the nation's sovereign wealth fund, marking a significant evolution from a government project into a commercially sustainable, institutionalized body. Announced during an inauguration event

"We aggregate wires to encourage regional discovery, sending readers directly back to the original source to explore full coverage."

This is a normalized overview of the breaking feed event. The complete, official release detailing all points, background context, and statements remains hosted by the original publisher.