Ethiopia Opens Restricted Eurobond Talks in Paris as Debt Restructuring Gains Momentum
Addis Ababa/Paris – Ethiopia has entered into confidential negotiations with a group of its international bondholders to restructure its $1 billion Eurobond, signaling the...
Visa, SantimPay to Deploy 20,000 POS Terminals in Ethiopia
Addis Ababa – Global payments giant Visa Inc. has entered into a strategic partnership with Ethiopian fintech firm SantimPay Financial Solutions S.A. to deploy...
Ethiopia 2025: U.S. Report Flags Reforms and Corridor Risks
The U.S. State Department’s 2025 Investment Climate Statement on Ethiopia paints a picture of a country pulling in two directions at once: a government...
NBE Lifts Credit Cap to 24% but Stops Short of Full Removal
Ethiopia’s Central Bank Holds Tight on Monetary Policy
Ethiopia’s central bank unexpectedly opted for a partial easing of its credit controls, lifting the ceiling on...
Ethiopia’s Central Bank Holds Interest Rate at 15% as Inflation Cools and Economy Strengthens
Addis Ababa — Ethiopia’s central bank kept its benchmark interest rate unchanged at 15% and opted for only a cautious loosening of credit growth...
Malaysia Reopens Embassy in Addis Ababa After 43 Years
Malaysia has officially re-established its diplomatic presence in Ethiopia, reopening its embassy in Addis Ababa after more than four decades of closure. The decision...
