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Ethiopia Fails to Pay Coupon, Becoming Latest African Defaulter

Ethiopia Fails to Pay Coupon, Becoming Latest African Defaulter

Fasika Tadesse and Colleen Goko Bloomberg Businessweek Mon, December 25, 2023 Ethiopia became Africa’s latest defaulter after it failed to make an interest payment following the end of a grace period on Monday. The Horn of Africa nation had to pay a $33 million coupon on Dec. 11. The government didn’t want to make the […]

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