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Bondholder Committee Blasts IMF, Official Creditors Over “Grossly Flawed” Ethiopian Debt Analysis
The Ad Hoc Committee of Bondholders has launched a blistering critique against the International Monetary Fund (IMF) and the Official Creditors Committee (OCC), accusing them of relying on “grossly flawed” economic projections that forced Ethiopia into an unnecessary, two-and-a-half-year...
Ethiopia Earned $117 Million from Livestock Products Export
Ethiopia earned more than $117 million from the export of livestock products during the first 11 months of the current fiscal year, according to Dr. Asrat Tera, Director General of the Ethiopian Livestock Development Institute. Ethiopia generates foreign currency by processing and exporting various ...
Ethiopia Earned $117 Million from Livestock Products Export
Ethiopia earned more than $117 million from the export of livestock products during the first 11 months of the current fiscal year, according to Dr. Asrat Tera, Director General of the Ethiopian Livestock Development Institute. Ethiopia generates foreign currency by processing and exporting various ...
Ethiopia Introduces “New Money Warrant” to Break Eurobond Restructuring Deadlock
The Ministry of Finance (MoF) has officially announced that it has reached an Agreement in Principle (AIP) with an Ad Hoc Committee of creditors regarding the restructuring of its $1 billion 2024 Eurobond debt. It was indicated that this ad hoc committee represents institutional investors who collec...
Ethiopian Electric Utility Signs 3 Billion Birr Infrastructure Rehabilitation Project
The Ethiopian Electric Utility (EEU) has signed a 3 billion Birr contract with Alpha Engineering and Capital Engineering, engineering and equipment supply firms, to implement an electricity infrastructure rehabilitation project. Speaking at the signing ceremony, the Chief Executive Officer of the Et...
Ethiopian Electric Utility Signs 3 Billion Birr Infrastructure Rehabilitation Project
The Ethiopian Electric Utility (EEU) has signed a 3 billion Birr contract with Alpha Engineering and Capital Engineering, engineering and equipment supply firms, to implement an electricity infrastructure rehabilitation project. Speaking at the signing ceremony, the Chief Executive Officer of the Et...
PMGC Final African Qualifiers to Be Held
Registration has officially opened for the PUBG MOBILE 2026 competitive season qualifier, marking a significant milestone in the history of African esports. Dubbed “Road to 2026 PMGO Season 2,” this tournament represents a crucial turning point for African mobile gamers to showcase their...
From birthplace to powerhouse: How China’s development model offers a blueprint for Africa
JIAXING, China — Standing on the shores of Nanhu Lake, the birthplace of the Communist Party of China (CPC), visitors are reminded of how a movement founded more than a century ago has overseen one of the world’s most remarkable economic transformations. Addressing a media delegation from Et...
Run Where the Equator Meets the Mountains of the Moon
#Advertorial There is a place in western Uganda where the road begins on the Equator and ends beneath snow-capped peaks. On 22 August 2026, thousands of runners will gather there for the fifth edition of the Tusker Lite Rwenzori Marathon — and we would love to see Ethiopia well represented among t...
World Bank-Backed 3 Billion Birr Project to Revamp Power Distribution in Ethiopia
The Ethiopian Electric Utility (EEU) has officially signed a 3 billion birr grid rehabilitation and upgrade agreement with two international engineering and supply firms, Alpha TND and Capital Electech, to comprehensively modernize the power distribution networks in Western and Northwestern Ethiopia...
Taza Legal Moves to End Ethiopia’s Reliance on International Firms
Four Ethiopia’s prominent law offices have officially merged forces to create a major institution named Taza Legal LLP. This merger unites Tameru WondimAgegnehu & Partners, Mesfin Tafesse & Associates (MTA), Mekdes & Associates, and Hanna Mulugeta Law Office into a localized corpor...
Spiro closes $270 million round with new $55 million backing from NewTrails Capital
By our staff reporter African electric mobility platform Spiro has closed its latest funding round at $270 million after securing a fresh $55 million investment from Chinese growth-stage fund NewTrails Capital. The company said the new capital will support expansion of its battery-swapping network, ...
Beyond Discounts: Building a Sustainable Electronic Taxi Industry
#Advertorial The electronic taxi industry in Ethiopia has grown rapidly over the past decade, transforming the way people move around cities and creating new economic opportunities for thousands of drivers. As competition intensifies and new players enter the market, consumers are benefiting from lo...
Ethiopia Selected as Africa’s Meteorology and Hydrology Training Center
It has been officially announced that the Ethiopian Meteorology Institute and Arba Minch University have been formally approved to serve as Regional Training Centers (RTC) for the World Meteorological Organization (WMO). This decision was passed during the 80th session of the World Meteorological Or...
Ethiopia Highlights Benefits of New Africa-Wide Biotechnology Information Portal
Ethiopia is set to benefit from improved access to biotechnology and biosafety information following the launch of a new continental digital platform aimed at enhancing transparency and supporting evidence-based decision-making across Africa. The newly introduced Biotech Africa Database, developed b...
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