Ethiopia expects its creditors will agree to restructure $4.9 billion of debt, a government minister says trib.al/cJn2WWd

Ethiopian Prime Minister Abiy Ahmed berates banks for keeping the exchange rate of the nation’s currency at much stronger levels than what traders in the parallel market were offering trib.al/PlX5kLt

The National Bank of Ethiopia sold dollars to commercial lenders as it seeks to close the gap between official and parallel exchange rates trib.al/a4B76MH

Ethiopia proposes that holders of its $1 billion bond take an 18% loss in a debt restructuring, even as it acknowledges that an influential group of investors has already rejected such an offer trib.al/4pv6oAb

Investors holding Ethiopia’s defaulted dollar bonds reject the debt restructuring terms proposed by the government for the $1 billion issue trib.al/8DDLobw

The National Bank of Ethiopia announces a special foreign-exchange allocation of $175 million to a state-owned primary importer of fuel and related products trib.al/LjOpyej

Africa is home to some of the world's most exciting startups — and we want to shine a spotlight on them. Bloomberg is launching our first ever Africa Startups to Watch, here's what you need to know: trib.al/UJOPm9h

Ethiopia’s parliament votes Taye Atske Selassie in as the nation’s new president in a surprise move trib.al/9G2CbSk

Ethiopia is seeking to raise $255 million selling shares in a state-run wireless company, making it the nation’s first initial public offering trib.al/vx7fNDA

The European Union is selling its €150 billion ($162 billion) investment plan for Africa as a way to help reduce the continent’s reliance on Chinese loans that have saddled countries with debt, a senior official said trib.al/8YyHKoS

The International Monetary Fund’s executive board completed its first review under the Extended Credit Facility for Ethiopia, which will disburse about $340.7 million to the East African country. trib.al/zeZ7pwW

Ethiopia is opening a stock exchange after a five-decade gap, its latest step to lure investors as it recovers from a civil war trib.al/8PcpPDJ

Ethiopia has reaches an agreement in principle with its bondholders on the main financial parameters for the restructuring of $8.4 billion of international debt under the G20 Common Framework, its finance ministry says trib.al/1ooC0f0

Proud to announce me and Fasika Tadesse are Livingston Finalists for our cypto coverage in 2024, delving into topics ranging from Bitcoin mining to stablecoins across the globe. Big thanks to Bloomberg Crypto editors stacy-marie ishmael Philip Lagerkranser Michael P. Regan Dave Liedtka wallacehouse.umich.edu/announcing-the…

Russia is recruiting young African women between the ages of 18 and 22 to work in a special economic zone in remote Tatarstan linked to done production. This week that site was attacked by Ukraine Fasika Tadesse tinyurl.com/yyjrbem2

As the war in Ukraine saps Russia of its workforce, the country is aggressively recruiting young women around the world to move to Tatarstan and work at a factory known to produce kamikaze drones bloomberg.com/news/articles/… via Bloomberg Antony Sguazzin Fasika Tadesse

🧵As the war in Ukraine saps Russia of its workforce, the country is aggressively recruiting young women around the world to move to Tatarstan and work at a factory known to produce kamikaze drones Fasika Tadesse bloomberg.com/news/articles/…

Congratulations to David Pan and Fasika Tadesse on becoming International Reporting finalists for the Livingston Awards for Young Journalist in 2025...

African leaders chastised developed nations for failing to honor pledges to ramp up green financing and said they will tap the private sector to help protect their economies from climate change bloomberg.com/news/articles/… Fasika Tadesse

#Ethiopia starts talks with #China to convert some of the $5.4 billion it owes Beijing into #yuan-denominated loans, following an example set by Kenya that bolsters China’s efforts to internationalize its currency. #dollar bloomberg.com/news/articles/… Matt Hill Fasika Tadesse