Foreign brewers battle for Ethiopia’s beer drinkers

* Entry of drinks firms helping to transform business landscape * Competition has driven down beer prices, improved supply * Government keeps foreigners away from telecoms, banks By Aaron Maasho and Edmund Blair ADDIS ABABA, April 1 (Reuters) – International brewers are helping transform Ethiopia’s business landscape as it slowly sells the assets of the

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Will Ethiopia’s New Sovereign Credit Rating Increase Foreign Investment?

Brookings By Temesgen Deressa and Amadou Sy   Last month, Moody’s Investors Service assigned a debut sovereign rating of B1 to the government of Ethiopia. A B1 rating is equivalent to a B rating in Fitch Ratings’ scale, which is the agency that rates most African sovereigns. The rating puts Ethiopia on par with Rwanda

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