Category : Ethiopia

Ethiopia is ramping up efforts to restructure its $1 billion international bond as part of a broader debt rework. Investors have balked at indications that...

ADDIS ABABA — As Somalia edges closer to hosting its third African Union-led peacekeeping mission since 2007, Ethiopian officials maintain that they will continue to...

ANKARA — Ethiopia and Somalia have made “notable progress” in resolving tensions over Ethiopia’s controversial agreement with Somaliland, according to Turkish Foreign Minister Hakan Fidan,...

ADDIS ABABA— In a bold move set to reshape the landscape of African aviation, Ethiopian Airlines Group has inked a consultancy contract with Dar Al-Handasah...

ADDIS ABABA — Ahead of critical negotiations in Ankara, Ethiopian Prime Minister Abiy Ahmed emphasized the importance of securing sea access for his landlocked nation,...

ADDIS ABABA — Ethiopia’s long-awaited securities exchange is set to commence operations this October, marking a significant milestone in the government’s ongoing efforts to liberalize...

ADDIS ABABA—The National Bank of Ethiopia took decisive action on Thursday, selling dollars to commercial lenders in a bid to bridge the widening chasm between...

ADDIS ABABA — Ethiopian Prime Minister Abiy Ahmed disclosed on Friday that his government is engaged in negotiations with various armed factions in the Amhara...

ADDIS ABABA – Ethiopia’s State Finance Minister Eyob Tekalign said on Friday that the country anticipates its creditors will agree to restructure $4.9 billion of...