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

The post Will Ethiopia’s New Sovereign Credit Rating Increase Foreign Investment? appeared first on 6KILO.com.

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

The post Will Ethiopia’s New Sovereign Credit Rating Increase Foreign Investment? appeared first on 6KILO.com.