Ethiopia’s failure to meet a scheduled coupon payment on its $1bn 2024 Eurobond on 11 December shows that mechanisms for communication on sovereign debt distress aren’t fit for purpose. There's more to this story Get unlimited access to our exclusive journalism and features today. Our award-winning team of correspondents and editors report from over 54 African countries, from Cape Town to Cairo, from Abidjan to Abuja to Addis Ababa. Subscribe Now cancel anytime Already a a subscriber Sign In

Source: Ethiopian News December 12, 2023 11:30 UTC