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Vol 66 No 18

Published 12th September 2025


Ethiopia

Ethiopia’s debt diplomat Mamo Mihretu bows out

The 3 September resignation of National Bank of Ethiopia (NBE) Governor Mamo Mihretu – one of Prime Minister Abiy Ahmed’s closest economic confidants – surprised bankers in Addis Ababa. Mamo says he plans to ‘pursue other passions and tackle other challenges’, prompting speculation that if he was not sacked, he may have been asked to stand aside.

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