The new enterprise, named Faydaverse, will assume responsibility for developing and operating digital public infrastructure services built around the Fayda national digital identity system. The company becomes the latest addition to the portfolio of Ethiopian Investment Holdings, the state investment fund overseeing many of the country's strategic commercial assets. 

Source: https://idtechwire.com/ethiopia-moves-fayda-digital-id-into-state-owned-faydaverse-enterprise/