Archives

The Habesha: Latest Ethiopian News, Analysis and Articles

English French German Hebrew Swedish Spanish Italian Arabic Dutch

Business

Find the latest Ethiopia Business News, Business News Headlines & World Economics, Finance, Stock Markets, telecom & technology news at Zehabesha.

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 […]

Ethiopia Fails to Pay Coupon, Becoming Latest African Defaulter Read More »

Fitch Ratings has downgraded Ethiopia’s Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR)to ‘C’

Fitch Ratings has downgraded Ethiopia’s Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR)to ‘C’

Fitch Ratings – Hong Kong – 14 Dec 2023: Fitch Ratings has downgraded Ethiopia’s Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) as well as the issue rating on Ethiopia’s single outstanding Eurobond to ‘C’ from ‘CC’. Fitch typically does not assign Outlooks to sovereigns with a rating of ‘CCC+’ or below. A full list of

Fitch Ratings has downgraded Ethiopia’s Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR)to ‘C’ Read More »

Ethiopian Airlines adds two new African routes and resumes New York services

Ethiopian Airlines adds two new African routes and resumes New York services

Aviations News Ethiopia’s flag carrier Ethiopian Airlines is adding two new African routes to its network out of its Addis Ababa hub. The carrier also has plans to expand its US connectivity with the resumption of route services to New York. Cape Town and Accra services Commencing March 26 2023, Ethiopian Airlines will launch two additional route services

Ethiopian Airlines adds two new African routes and resumes New York services Read More »

Top 10 best airlines in Africa

Top 10 best airlines in Africa

VICTOR OLUWOLE June 19, 2022 Skytrax has revealed the World’s Top 100 Airlines for 2021 and Ethiopian Airlines maintained its number one ranking as the best African airline in 2021. The awards were based on customer surveys collected for 23 months, from September 2019 to July 2021, and comprise a mix of more normal travel

Top 10 best airlines in Africa Read More »

Ethiopian News: Ethiopia’s State Telecom Launches 5G Services in Capital

Ethiopian News: Ethiopia’s State Telecom Launches 5G Services in Capital

By Dawit Endeshaw ADDIS ABABA (Reuters) – State-owned operator Ethio Telecom launched a 5G mobile phone service on Monday in a key step ahead of competition from new entrants in an industry that has been closed for international players. Next-generation 5G networks can provide data speeds at least 20 times faster than 4G and are seen

Ethiopian News: Ethiopia’s State Telecom Launches 5G Services in Capital Read More »

Scroll to Top