Official creditor deal provides $2.5 bln of debt service relief Group co-chair Roos says Ethiopia’s issue ‘not just liquidity ... sent straight to your inbox with breaking business news, insights and ...

Ethiopia’s financial recovery hinges on creditors accepting an 18% loss on defaulted Eurobonds. Bondholders are, however, ...

(Bloomberg) -- Ethiopia has reached a deal with its official creditors to restructure $8.4 billion of international debt, a key milestone in the nation’s efforts to overhaul its loans and boost ...

Ethiopian officials have said they expect to sign a definitive deal with the official creditors by the middle of this year, which will then be implemented through bilateral agreements with each ...

“Somalia categorically objects to that.” Neither side has made the terms of the deal public, but it appears to give Ethiopia the right to build a port in Somaliland in exchange for recognitio ...

(Bloomberg) -- Ethiopia has reached a deal with its official creditors to restructure $8.4 billion of international debt, a key milestone in the nation’s efforts to overhaul its loans and boost growth ...

"The situation of Ethiopia is not only an issue about liquidity, there is also a need to reduce the stock of debt." Bondholders have also said there is a lack of transparency around the official ...