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The Reporter
Ethiopia, Kenya, Rwanda express interest Dangote Group has offered East African countries a 30 percent equity stake in the massive oil refinery it plans on constructing in the region, according to Kenyan President William Ruto’s top economic advisor. Kenya’s 10 percent stake would be worth about USD 500 million, David Ndii told a capital markets forum […]
StockMarket.et
Ethiopia moves closer to resolving its $1 billion Eurobond default as official creditors back the restructuring but raise concerns over a new bondholder warrant.
The Reporter
The co-chairs of Ethiopia’s Official Creditor Committee (OCC) formally confirmed that a June 2026 agreement in principle with private bondholders complies with the G20 Common Framework’s ‘Comparability of Treatment’ principle, signaling the country’s drawn out negotiations over the debt it defaulted on in late 2023 are finally drawing to a close. The...
BBC Amharic
The Reporter
Ethiopia faces a contrasting extreme climate threats as intensifying El Niño conditions deepen severe rainfall deficits in parts of the country while forecasts indicate above normal rains and flooding in southern and eastern areas later this year, according to a new regional report on food security. The Food Security and Nutrition Working Group (FSNWG)...
StockMarket.et
Ethiopia signs 33 export agreements worth over $340 million with Chinese importers, covering coffee, sesame, soybeans, textiles and minerals.
The Reporter
Patients seeking transplant procedures abroad will be required to show proof of 1.5mln Birr in deposits Minister of Health Mekdes Daba (MD) has authorized a new directive requiring patients to prove they hold at least 1.5 million Birr in bank deposits before traveling abroad for medical transplant procedures. The ‘Abroad Medical Service Referral System...
BBC Amharic
The Reporter
Ethiopia’s insurance penetration stands at just 0.27 percent, with the country’s insurance industry facing what sector experts describe as structural challenges requiring fundamental reform rather than short-term measures. During a presentation delivered at the sixth International Interest-Free Banking and Takaful Forum held in Addis Ababa on August 17,...
BBC Amharic
ለሦስት ዓመታት በቆየው የአሜሪካ መንግሥት ጊዜያዊ የሕግ ጥበቃ አማካኝነት ከለላ አግኝተው የቆዩ ኢትዮጵያውን ስደተኞች፣ አሁን ከአገር እንዲወጡ የሚያስገድዳቸው ውሳኔ በፍርድ ቤት ተላልፎባቸዋል። እንደ ኢትዮጵያዊቷ ሩት ያሉ ጥገኝነት ጠያቂዎች በአሜሪካ ለመቆየት ብቸኛ ሕጋዊ መሠረታቸው የሆነው ጊዜያዊ ከለላ መነሳቱ ቀጣይ ዕጣ ፋንታቸውን አጣብቂኝ ውስጥ ከትቶታል።
