Claims: Ethiopia’s debt problem
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- title: Ethiopia’s debt problem Source
- url: https://africasacountry.com/2026/07/ethiopias-debt-problem Source
- summary: On June 29, Ethiopia announced an agreement in principle with a committee representing about 45 percent of the holders of its defaulted $1 billion Eurobond. The proposed exchange would cut the bond’s principal by 12 percent, pay nearly $100 million in missed coupons, and attach a warrant that could give investors access to a future international bond. It is an important exit ramp. It is not yet the exit: nonfinancial terms, wider creditor acceptance, and the exchange itself remain unfinished. Th… Source
- published: 2026-07-14T10:39:10.691347Z Source