Discover the latest news on Ethiopia’s capital markets, stock exchange updates, business developments, and economic insights at Capital251. Stay ahead with breaking stories, expert analyses, and trends shaping the financial landscape for investors and professionals.
The National Bank of Ethiopia will conduct the 14th round of the regular exchange auction tomorrow, Tuesday, January 6, 2026, offering 70 million dollars, with bid results announcement and settlement on the same date. The last special auction held a week ago had an average weighted clearing rate of 154.4773 birr per dollar. The January … Read more
Ethiopia’s eurobond rallied nearly 3 cents on the dollar following an agreement in principle between the government and bondholders on a restructuring plan that will impose a 15% haircut on the $1 billion bond the country defaulted on two years ago. On January 5th Ethiopia’s bond increased by 2.61 cents to 110.09, reflecting a relatively high … Read more
More than two years after seeking debt relief and over a year after defaulting on its only Eurobond, Ethiopia just notched a big win in its battle to fix its finances. The country’s Ministry of Finance announced an “agreement in principle” with a group of private creditors on restructuring its lone $1 billion Eurobond—the 6.625% … Read more
Ethiopian Investment Holdings (EIH) has unveiled Adera, a secure online platform enabling citizens to report corruption and mismanagement directly in its 3.9 trillion birr portfolio of state-owned enterprises (SOEs). Certified by the Information Network Security Agency (INSA), Adera supports Amharic and English initially, with Oromiffa and Tigrigna languages planned to ensure accessibility across Ethiopia’s diverse … Read more