Ethiopia likely to return to international capital market – ministry

NAIROBI, Sept 14 (Reuters) – Ethiopia, which raised $1 billion with a debut Eurobond in December 2014, is “very likely” to return to the international capital market to help fund new infrastructure after a new cabinet is picked in October, a Finance Ministry official said.

“A decision is yet to be made but I would expect this to be finalised once the new cabinet is named (in early October),” spokesman Haji Ibsa told Reuters on Monday.

(Reporting by Aaron Maasho; Writing by Edmund Blair; Editing by Alison Williams).

Source: Reuters