01 Apr 2020
Commercial risk: Various downgrades amid sharp deterioration of economic activity
Since it was publicly revealed by China that a new virus was affecting its population (around 20 January), the contamination has rapidly spread to ...
Ethiopia: A country standing at crossroads
One of Africa’s fastest-growing countries, mainly driven by public investments
06 May 2019
Ethiopia: Debt sustainability remains largest risk to MLT political risk outlook
From 25 to 27 April, the second edition of the Belt and Road Forum took place in Beijing. In the sidelines of the forum, Chinese President Xi ...
16 Oct 2018
East Africa: Strong infrastructure investments push up public and external debt levels
Large infrastructure projects have been a strong driver of real GDP growth in East Africa.
Due to the infrastructure investments the ...
30 Aug 2018
Ethiopia’s prime minister remains committed to economic and political reforms while recent developments in Eritrea could mark a turning point in the country’s international isolation
Recent developments in Ethiopia indicate that prime minister Abiy Ahmed plans to reform the country. His rapprochement towards Eritrea was ...
27 Feb 2018
Rapid public debt build-up in Sub-Saharan Africa
Deteriorating public finances and transparency issues degrade public debt sustainability in Sub-Saharan Africa
Congo, Dem. Rep.
26 Feb 2018
Ethiopia’s recent political turmoil could expose some of the country’s structural economic weaknesses
On 15 February 2018 the Ethiopian Prime Minister Hailemariam Desalegn, who had been in power since 2012, resigned. Two days later, a state of ...
15 Mar 2017
Country risk modifications - March 2017
In the framework of its regular review of short-term political risk classifications, Credendo has upgraded six countries (Guyana, Malaysia, ...
15 Mar 2017
Ethiopia: Downgrade from 5 to 6
Ethiopia’s external liquidity is under pressure because of rising short-term debt which resulted from infrastructure developments and the recent ...
05 Jul 2016
Ethiopia: Border conflict with Eritrea escalates but full-scale war is unlikely
Both Ethiopia and Eritrea claim to be the victims of hostilities in the recent clashes of the past weeks. The fighting is taking place in ...
01 Jul 2015
Ruling party wins parliamentary elections, confirming smooth leadership transition
On 24 May parliamentary elections were held in Ethiopia. A month later, official results were announced and showed a total victory for the ...
01 Sep 2012
Death of Prime Minister Meles Zenawi leaves uncertain transition behind
Ethiopian Prime Minister Meles Zenawi died on August 20 after months of speculation about his health. Meles Zenawi, a former guerrilla leader, ...