Ethiopia Slashes Bitcoin Mining Power by 75% Amid Hydroelectric Shortfalls
Ethiopia's state utility has curtailed power to Bitcoin miners by 75% due to low water levels in hydroelectric dams, raising questions about…
Ethiopia's state utility has curtailed power to Bitcoin miners by 75% due to low water levels in hydroelectric dams, raising questions about…
Ethiopia restricts power to Bitcoin miners by 77% as drought conditions force the state utility to reallocate energy resources toward domestic households…
Ethiopia sells $500 million to support the birr, signaling ongoing currency pressure and economic reform efforts.
Ethiopia's birr hits record low as the central bank burns through dollar reserves, signaling deeper currency pressure and rising import costs.
Ethiopian Airlines' massive jet order study puts Boeing and Airbus in a high-stakes contest for a multi-billion-dollar deal.
Ethiopia’s central bank hiked rates for the first time in two years, targeting double-digit inflation and a depreciating birr in a hawkish…
Ethiopia’s bondholders accuse the IMF of poor handling in a debt rework, raising fresh uncertainty over the country’s sovereign bonds and the…
Ethiopia's $2 billion dollar sales highlight a surging parallel market rate for the birr, as forex shortages and dollar demand pressure the…
Ethiopia’s 21% spending hike for 2026-27 widens the fiscal deficit, pressuring the birr and raising risks for bondholders amid IMF program concerns.
Ethiopian bondholders have initiated a lawsuit against the government's debt restructuring plan, raising the specter of prolonged litigation and heightened default risk…
Ethiopia’s election unfolds as the birr collapses to record lows, inflation surges, and security crises sap investor confidence in frontier markets.
Ethiopia's sovereign bond restructuring faces a new hurdle after creditors rejected a 12% haircut proposal, threatening a delayed IMF deal and prolonging…