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News - Financial

Ethiopia’s external debt reaches $39.97 billion as restructuring advances

Nov 07, 2026
Ethiopia’s external debt reaches $39.97 billion as restructuring advances

Key takeaways

  • World Bank figures put Ethiopia’s end-2025 external debt at $39.97 billion, up 9.1% annually, StockMarket.et reports.
  • Public and publicly guaranteed debt accounted for $39.03 billion; short-term debt stood at $941 million.
  • Multilateral creditors held $19.8 billion, including $14.1 billion owed to the International Development Association.
  • Bilateral creditors held $12.4 billion, including $6.1 billion owed to China; private creditors held about $6.8 billion.
  • The World Bank expects the revised bondholder restructuring agreement to be signed and implemented by end-2026.

Why it matters

  • External borrowing remains concentrated in public and publicly guaranteed obligations.
  • An official-creditor memorandum covers approximately $8.4 billion in debt.
  • A revised bondholder proposal received official-creditor backing in August 2026, following rejection of an earlier proposal.

What to watch

  • Signing and implementation of the revised bondholder agreement.
  • Further bilateral agreements following the first deal with France in February 2026.

Source: StockMarket.et | 6 November 2026 |  Original article

Image: AI-generated editorial illustration.