The Role of Credit in Ethiopia’s Economic Progress

By Tsehai Alemayehu Whether or not Ethiopia’s external debt is growing too fast and too large has become an emerging topic of conversation among many observers.  While the government is seeking to tap any and all sources of financing domestic and foreign, observers argue that the country needs to be very careful about acquiring any

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The Role of Credit in Ethiopia’s Economic Progress

By Tsehai Alemayehu Whether or not Ethiopia’s external debt is growing too fast and too large has become an emerging topic of conversation among many observers.  While the government is seeking to tap any and all sources of financing domestic and foreign, observers argue that the country needs to be very careful about acquiring any

The post The Role of Credit in Ethiopia’s Economic Progress appeared first on 6KILO.com.

Ethiopia picks three banks for debut US dollar Eurobond

Reuters By Michael Turner and Helene Durand LONDON,(IFR) – The Federal Democratic Republic of Ethiopia has picked BNP Paribas, Deutsche Bank and JP Morgan to arrange a debut US dollar-denominated Eurobond, according to sources. The bond is likely to have a minimum 10 year tenor, according to a source. The banks declined to comment. Ethiopia

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