Ethiopia records $4 billion in FDI as it prepares to restructure its Eurobond after default

Ethiopia recorded $4 billion in foreign direct investment (FDI) during its fiscal year, marking a slight increase of 2.2% compared to the previous year. This trend is crucial as the country prepares to restructure its $1 billion Eurobond after a payment default. According to the Ethiopian Investment Commission, the $4 billion in FDI received until…...