The UN Must Intervene in Tigray
Project Syndicate | Mehari Taddele Maru | When a state fails to prevent or alleviate atrocities within its territory, or if the state itself is the primary perpetrator of such…
Entries by Solomon
Why is the Grand Ethiopian Renaissance Dam contentious?
The Economist | The project has been a source of disputes in north-east Africa for a decade DAMS HAVE several uses. They generate electricity, store water for crop irrigation and…
Ethiopia in debt restructuring, downgrade after printing money, despite low deficit
ECONOMYNEXT – Ethiopia had been downgraded to ‘CCC’ from ‘B’ by Fitch Ratings after it applied for ‘Paris Club’ debt relief having printing money through central bank advances, despite relatively…
Conflict in Tigray: Implications for Ethiopia’s International Standing
Charged Affairs | Since Ethiopian Prime Minister Abiy Ahmed assumed office in April 2018, experts have optimistically predicted the country’s emergence as a regional power. Factors such as a large population,…
Ethiopia dollar bonds drop after Fitch downgrade
NASDAQ | Ethiopia’s sovereign dollar bonds dropped nearly 2 cents after Fitch downgraded the country to CCC, citing the government’s plan to make use of the new G20 common framework…
Ethiopia: Government approves ‘first step’ towards Tigray emergency assistance
UN agencies have received approval from the Ethiopian Government for 25 international staff to provide humanitarian assistance inside the country’s conflict-torn Tigray region, the UN Spokesperson said on Monday. “This…
Ethiopia debt restructuring plan faces hurdles of transparency
The African Report | Ethiopia’s plan to seek debt restructuring under a G20 common framework agreed in November triggered a sell-off in African debt at the end of January on…
EU Accuses Eritrean Forces of Fueling Conflict in Ethiopia
Bloomberg | EU envoy scheduled to meet Ethiopian premier on Tuesday. UN says international staff given approval to travel to Tigray The European Union accused Eritrean troops of fueling the…
EU urges Eritrea to stop meddling in Ethiopia war
EU Observer | The EU has urged Eritrea to withdraw troops from Ethiopia and for access to diplomats, aid workers, and journalists to war-torn regions. “The EU joins the United…
Fitch Downgrades Ethiopia to ‘CCC’ – Rating Action Commentary
Fitch typically does not assign Outlooks or apply modifiers to sovereigns with a rating of ‘CCC’ or below. KEY RATING DRIVERS The downgrade reflects the government’s announcement that it is…