First Tidal Acquisition Corp T.AAA

Farhad News release Eurobond oversubcription postive for AAA

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The proceeds of the offering will be used for key infrastructure projects in the country including its national railway, hydro-electric power projects and industrial expansion of key agricultural products and services.

Farhad Abasov, President and CEO of Allana, commented, "The recent successful, over-subscribed Eurobond sovereign debt offering by the Government of Ethiopia is applauded by Allana Potash. This is a testament to the growing economic and cultural stature of Ethiopia within Africa and the rest of the world. Ethiopia has made great strides over the past decade to improve its economic and social standing in the world, while improving the quality of life for all its citizens