Russia Cancels Ethiopia's U.S.$162 Million Debt

Russia is aiming to increase its involvement in the development of a nuclear energy facility in Ethiopia and is set to resume a daily flight from Addis Ababa to Moscow. The country has also cancelled Ethiopia's debt of about U.S.$162 million. This emerged following a meeting between Ethiopian Foreign Minister Workneh Gebeyehu and visiting Russian counterpart Sergei Lavrov.

Photo: The Herald

Russian Foreign Minister Sergey Lavrov (file photo).