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Ethiopia Defaults on Eurobond Payment
Ethiopia now joins an unflattering list of developing countries that includes Zambia, Ghana and Sri Lanka after failing to make a $33 million coupon payment that was due two weeks ago. A fourteen-day grace period ended without Addis Ababa using it to make the payments.
A New Round of GERD Talks Commences in Addis
Ethiopia, Sudan and Egypt are convening for a fourth round of talks since they agreed to resume negotiations in the summer. Despite the huge dam built on the Nile River nearing its completion, there’s still no binding agreement among the three countries.
Senior official who criticized the government removed from position
Taye Dendea, who was Ethiopia’s State Minister of Peace, has been removed from his position days after he chided the authorities for banning an anti-war rally in the capital Addis Ababa.
Former diplomat appointed to head Boeing’s Africa office
Henok Teferra Shawl served as an Ethiopian Ambassador in France before joining the private sector.
Ethiopian Airlines says no to popular luggage
The bags, preferred by many travellers across West Africa, are causing damages to the conveyor belts at various airports, the national carrier has said.
