Ethiopia Faces Possible Legal Action From Bondholders After Restructuring Deal Collapses

A group of international investors has formally notified the Ethiopian government that it may pursue legal action in English courts as early as May following the collapse of a recent debt restructuring deal, according to two sources familiar with the matter.
The Federal Public Procurement and Property Authority reported that more than Birr 308 billion worth of procurement was facilitated through the electronic procurement system in the 2024/25 fiscal year. 
Dagmawit Moges, Ethiopia's Minister of Transport and Logistics, announced that Ethiopia is finalizing a new Road Safety and Insurance Fund Service Regulation. The regulation allocates at least 5 percent of road fund fee to Post-crash emergency medical services, she noted.
