IBOV 177,547.57 ▲ 2.44% IPSA 11,009.22 ▲ 0.50% IPC MEX 67,298.78 ▲ 0.88% MERVAL 3,379,771 — 0.00% COLCAP 2,297.00 ▼ 0.19% BVL PERÚ 57,575.02 — — USD/BRL5.08▲ 0.50% USD/MXN17.49▲ 0.60% USD/CLP944.68▲ 0.97% USD/COP3,231▲ 0.11% USD/PEN3.40▼ 0.18% USD/ARS1,487▲ 0.30% USD/UYU40.14▲ 1.16% USD/PYG6,035▲ 1.38% USD/BOB10.95▲ 2.82% USD/DOP57.92▼ 0.14% USD/CRC447.42▲ 1.36% USD/GTQ7.62▲ 2.27% USD/HNL26.74▲ 0.88% USD/NIO36.62▲ 0.31% USD/VES736.04▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.49▲ 0.36% USD/TTD6.71▲ 0.76% EUR/BRL5.78▼ 0.25% BRENT 86.66 ▼ 7.88% WTI 90.85 ▲ 4.63% IRON ORE 161.91 — — COPPER 6.38 ▼ 1.16% GOLD 4,064 ▼ 1.99% SILVER 57.99 ▼ 3.39% SOY 1,246 ▲ 1.07% CORN 487.50 ▲ 5.52% WHEAT 705.50 ▼ 0.04% COFFEE 314.20 ▼ 0.77% SUGAR 14.82 ▲ 0.54% ORANGE JUICE 146.60 ▼ 2.46% COTTON 81.49 ▲ 2.03% COCOA 5,292 ▼ 0.68% BEEF 218.83 ▼ 1.96% CATTLE 335.00 ▼ 1.81% LITHIUM 69.62 ▲ 0.89% PETR4 43.29 ▲ 1.67% VALE3 75.08 ▼ 0.03% ITUB4 42.52 ▼ 0.89% BBDC4 18.79 ▼ 0.95% ABEV3 16.00 ▼ 0.81% BBAS3 20.97 ▼ 0.57% B3SA3 15.63 ▼ 1.70% WEGE3 46.35 ▼ 0.83% PRIO3 60.85 ▲ 1.81% SUZB3 42.44 ▼ 0.52% RENT3 36.11 ▼ 2.77% AZZA3 17.46 ▼ 1.97% CSAN3 3.88 ▼ 1.02% RAIZ4 0.27 — 0.00% PCAR3 2.75 — 0.00% GMAT3 3.86 ▼ 1.28% PSSA3 55.17 ▼ 0.51% CVCB3 1.25 ▼ 1.57% POSI3 3.67 ▼ 0.81% SLCE3 14.00 ▲ 0.29% NATU3 8.61 ▼ 0.81% BRKM5 6.14 ▲ 1.15% RANI3 7.95 ▼ 0.63% CSNA3 5.33 ▼ 0.93% CMIN3 5.67 ▼ 2.91% USIM5 8.52 ▼ 1.50% GGBR4 23.93 ▼ 0.54% ENEV3 25.47 ▼ 1.93% CPFE3 46.31 ▼ 0.86% CMIG4 11.13 ▼ 0.71% EQTL3 38.68 ▼ 1.70% LREN3 13.39 ▼ 1.11% VIVT3 35.03 ▼ 0.99% RAIL3 13.56 ▼ 0.59% KLABIN 17.79 ▼ 0.78% RAIA DROGASIL 18.33 ▲ 0.22% RDOR3 33.33 ▼ 3.36% HAPV3 10.99 ▼ 3.51% FLRY3 16.52 ▼ 0.78% SMTO3 16.00 ▼ 0.31% UGPA3 33.06 ▲ 0.70% VBBR3 35.28 ▲ 0.86% BBSE3 42.47 ▼ 0.26% BPAC11 55.89 ▼ 1.98% CURY3 29.42 ▼ 2.58% AERI3 2.05 — 0.00% VIVARA 21.46 ▼ 0.42% COMPASS 24.59 ▼ 0.89% VAMOS 3.19 ▼ 1.24% SANB11 26.74 ▼ 0.78% ASAI3 8.26 ▼ 1.67% SBSP3 28.64 ▼ 2.22% WALMEX 48.65 ▼ 1.02% GMEXICO 214.34 ▲ 2.57% FEMSA 227.98 ▲ 0.55% CEMEX 22.17 ▲ 0.45% GFNORTE 191.99 ▲ 3.33% BIMBO 60.30 ▲ 1.53% TELEVISA 9.82 ▲ 0.61% AMX 22.70 ▼ 0.26% GAP 378.40 ▼ 0.03% ASUR 273.53 ▼ 0.52% OMA 229.62 ▲ 1.49% KOF 182.55 ▲ 1.15% GRUMA 280.45 ▼ 0.76% KIMBER 38.85 ▲ 1.17% SQM-B 65,055 ▲ 0.80% COPEC 6,550 ▲ 1.55% BSANTANDER 79.85 ▲ 1.06% FALABELLA 6,042 ▲ 2.08% ENELAM 84.53 — 0.00% CENCOSUD 2,010 ▼ 0.89% CMPC 1,070 — 0.00% BANCO CHILE 193.50 ▲ 1.84% LATAM AIR 24.09 — 0.00% YPF 82,500 ▲ 2.33% GGAL 8,275 ▲ 3.89% PAMPA 5,625 ▲ 2.74% TXAR 668.50 ▼ 1.55% ALUAR 974.00 ▲ 0.10% TGS 9,905 ▲ 2.01% CEPU 2,411 ▲ 3.03% MIRGOR 16,925 ▲ 0.89% COME 43.14 ▲ 0.63% LOMA NEGRA 3,823 ▲ 6.03% BYMA 295.00 ▲ 0.94% TELECOM ARG 4,420 ▲ 3.88% ECOPETROL 16.69 ▲ 0.97% BANCOLOMBIA 84.66 ▲ 1.22% GRUPO AVAL 5.04 ▼ 0.98% CREDICORP 393.43 ▲ 0.60% SOUTHERN COPPER 195.48 ▲ 3.97% BUENAVENTURA 32.09 ▲ 2.69% MERCADOLIBRE 1,799 ▼ 1.29% NUBANK 14.51 ▲ 0.83% XP 17.30 ▲ 2.67% PAGSEGURO 9.67 ▲ 0.94% STONE 11.36 ▲ 0.93% GLOBANT 30.67 ▼ 4.45% TECNOGLASS 45.24 ▲ 0.20% GAP AIRPORT 217.54 — 0.00% ASUR 273.53 ▼ 0.52% OMA AIRPORT 105.35 ▲ 1.07% AMX ADR 26.12 ▲ 0.12% FEMSA ADR 130.96 ▲ 0.47% CEMEX ADR 12.74 ▲ 0.32% PETROBRAS ADR 18.89 ▲ 1.89% VALE ADR 14.85 ▲ 4.21% ITAU ADR 8.48 ▲ 0.95% SANTANDER BR 5.45 ▲ 0.74% AMBEV ADR 3.14 ▲ 0.96% CSN 1.09 ▲ 9.00% GERDAU 4.77 ▲ 2.69% LATAM ADR 51.22 ▼ 0.68% BTC 65,006 ▼ 1.66% ETH 1,903 ▼ 1.57% SOL 76.77 ▼ 1.46% XRP 1.11 ▼ 2.49% BNB 568.05 ▼ 0.47% ADA 0.17 ▼ 1.27% DOGE 0.07 ▼ 3.40% AVAX 6.46 ▼ 2.37% LINK 8.50 ▼ 1.38% DOT 0.81 ▼ 2.30% LTC 46.75 ▼ 0.68% BCH 214.55 ▼ 2.46% TRX 0.33 ▼ 0.69% XLM 0.18 ▼ 2.72% HBAR 0.07 ▼ 1.03% NEAR 1.89 ▲ 0.97% ATOM 1.44 ▼ 1.74% AAVE 96.15 ▼ 1.24% SELIC 14.25% EMBRAER 82.84 ▼ 1.13% EMBRAER ADR 66.05 ▲ 0.89% JBS 12.25 ▲ 2.51% JBS BDR 62.05 ▲ 0.40% MBRF3 16.08 ▲ 0.31% MBRFY 3.18 ▼ 0.31% INTER 5.69 ▲ 1.97% EGX 53,932 ▼ 0.11% USD/ZAR16.66▲ 1.65% USD/NGN 1,370 — 0.00% NIKKEI 66,423 ▲ 0.46% CSI300 4,728 ▲ 0.23% HSI 25,211 ▲ 1.28% NIFTY 23,870 ▼ 0.53% KOSPI 7,097 ▲ 4.40% JCI 6,315 ▼ 0.30% USD/JPY163.78▲ 0.39% USD/CNY 6.7641 — 0.00% DAX 24,807 ▼ 1.39% CAC 8,292 ▼ 1.72% FTSE 10,617 ▼ 0.93% MIB 51,398 ▼ 2.64% IBEX 19,281 ▼ 1.48% STOXX 637.88 ▼ 1.40% EUR/USD1.14▼ 0.22% GBP/USD1.33▼ 0.30% SPX 7,414 ▼ 1.13% DJI 51,704 ▼ 0.99% NDX 28,998 ▼ 0.54% RUT 2,960 ▼ 0.92% TSX 35,365 ▼ 0.34% VIX 19.28 ▲ 15.87% USD/CAD1.41▼ 0.11% US10Y 4.7100 ▲ 1.14% IBOV 177,547.57 ▲ 2.44% IPSA 11,009.22 ▲ 0.50% IPC MEX 67,298.78 ▲ 0.88% MERVAL 3,379,771 — 0.00% COLCAP 2,297.00 ▼ 0.19% BVL PERÚ 57,575.02 — — USD/BRL 5.08 ▲ 0.50% USD/MXN 17.49 ▲ 0.60% USD/CLP 944.68 ▲ 0.97% USD/COP 3,231 ▲ 0.11% USD/PEN 3.40 ▼ 0.18% USD/ARS 1,487 ▲ 0.30% USD/UYU 40.14 ▲ 1.16% USD/PYG 6,035 ▲ 1.38% USD/BOB 10.95 ▲ 2.82% USD/DOP 57.92 ▼ 0.14% USD/CRC 447.42 ▲ 1.36% USD/GTQ 7.62 ▲ 2.31% USD/HNL 26.74 ▲ 0.88% USD/NIO 36.62 ▲ 0.31% USD/VES 736.04 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.49 ▲ 0.36% USD/TTD 6.71 ▲ 0.76% EUR/BRL 5.78 ▼ 0.25% BRENT 86.66 ▼ 7.88% WTI 90.85 ▲ 4.63% IRON ORE 161.91 — — COPPER 6.38 ▼ 1.16% GOLD 4,064 ▼ 1.99% SILVER 57.99 ▼ 3.39% SOY 1,246 ▲ 1.07% CORN 487.50 ▲ 5.52% WHEAT 705.50 ▼ 0.04% COFFEE 314.20 ▼ 0.77% SUGAR 14.82 ▲ 0.54% ORANGE JUICE 146.60 ▼ 2.46% COTTON 81.49 ▲ 2.03% COCOA 5,292 ▼ 0.68% BEEF 218.83 ▼ 1.96% CATTLE 335.00 ▼ 1.81% LITHIUM 69.62 ▲ 0.89% PETR4 43.29 ▲ 1.67% VALE3 75.08 ▼ 0.03% ITUB4 42.52 ▼ 0.89% BBDC4 18.79 ▼ 0.95% ABEV3 16.00 ▼ 0.81% BBAS3 20.97 ▼ 0.57% B3SA3 15.63 ▼ 1.70% WEGE3 46.35 ▼ 0.83% PRIO3 60.85 ▲ 1.81% SUZB3 42.44 ▼ 0.52% RENT3 36.11 ▼ 2.77% AZZA3 17.46 ▼ 1.97% CSAN3 3.88 ▼ 1.02% RAIZ4 0.27 — 0.00% PCAR3 2.75 — 0.00% GMAT3 3.86 ▼ 1.28% PSSA3 55.17 ▼ 0.51% CVCB3 1.25 ▼ 1.57% POSI3 3.67 ▼ 0.81% SLCE3 14.00 ▲ 0.29% NATU3 8.61 ▼ 0.81% BRKM5 6.14 ▲ 1.15% RANI3 7.95 ▼ 0.63% CSNA3 5.33 ▼ 0.93% CMIN3 5.67 ▼ 2.91% USIM5 8.52 ▼ 1.50% GGBR4 23.93 ▼ 0.54% ENEV3 25.47 ▼ 1.93% CPFE3 46.31 ▼ 0.86% CMIG4 11.13 ▼ 0.71% EQTL3 38.68 ▼ 1.70% LREN3 13.39 ▼ 1.11% VIVT3 35.03 ▼ 0.99% RAIL3 13.56 ▼ 0.59% KLABIN 17.79 ▼ 0.78% RAIA DROGASIL 18.33 ▲ 0.22% RDOR3 33.33 ▼ 3.36% HAPV3 10.99 ▼ 3.51% FLRY3 16.52 ▼ 0.78% SMTO3 16.00 ▼ 0.31% UGPA3 33.06 ▲ 0.70% VBBR3 35.28 ▲ 0.86% BBSE3 42.47 ▼ 0.26% BPAC11 55.89 ▼ 1.98% CURY3 29.42 ▼ 2.58% AERI3 2.05 — 0.00% VIVARA 21.46 ▼ 0.42% COMPASS 24.59 ▼ 0.89% VAMOS 3.19 ▼ 1.24% SANB11 26.74 ▼ 0.78% ASAI3 8.26 ▼ 1.67% SBSP3 28.64 ▼ 2.22% WALMEX 48.65 ▼ 1.02% GMEXICO 214.34 ▲ 2.57% FEMSA 227.98 ▲ 0.55% CEMEX 22.17 ▲ 0.45% GFNORTE 191.99 ▲ 3.33% BIMBO 60.30 ▲ 1.53% TELEVISA 9.82 ▲ 0.61% AMX 22.70 ▼ 0.26% GAP 378.40 ▼ 0.03% ASUR 273.53 ▼ 0.52% OMA 229.62 ▲ 1.49% KOF 182.55 ▲ 1.15% GRUMA 280.45 ▼ 0.76% KIMBER 38.85 ▲ 1.17% SQM-B 65,055 ▲ 0.80% COPEC 6,550 ▲ 1.55% BSANTANDER 79.85 ▲ 1.06% FALABELLA 6,042 ▲ 2.08% ENELAM 84.53 — 0.00% CENCOSUD 2,010 ▼ 0.89% CMPC 1,070 — 0.00% BANCO CHILE 193.50 ▲ 1.84% LATAM AIR 24.09 — 0.00% YPF 82,500 ▲ 2.33% GGAL 8,275 ▲ 3.89% PAMPA 5,625 ▲ 2.74% TXAR 668.50 ▼ 1.55% ALUAR 974.00 ▲ 0.10% TGS 9,905 ▲ 2.01% CEPU 2,411 ▲ 3.03% MIRGOR 16,925 ▲ 0.89% COME 43.14 ▲ 0.63% LOMA NEGRA 3,823 ▲ 6.03% BYMA 295.00 ▲ 0.94% TELECOM ARG 4,420 ▲ 3.88% ECOPETROL 16.69 ▲ 0.97% BANCOLOMBIA 84.66 ▲ 1.22% GRUPO AVAL 5.04 ▼ 0.98% CREDICORP 393.43 ▲ 0.60% SOUTHERN COPPER 195.48 ▲ 3.97% BUENAVENTURA 32.09 ▲ 2.69% MERCADOLIBRE 1,799 ▼ 1.29% NUBANK 14.51 ▲ 0.83% XP 17.30 ▲ 2.67% PAGSEGURO 9.67 ▲ 0.94% STONE 11.36 ▲ 0.93% GLOBANT 30.67 ▼ 4.45% TECNOGLASS 45.24 ▲ 0.20% GAP AIRPORT 217.54 — 0.00% ASUR 273.53 ▼ 0.52% OMA AIRPORT 105.35 ▲ 1.07% AMX ADR 26.12 ▲ 0.12% FEMSA ADR 130.96 ▲ 0.47% CEMEX ADR 12.74 ▲ 0.32% PETROBRAS ADR 18.89 ▲ 1.89% VALE ADR 14.85 ▲ 4.21% ITAU ADR 8.48 ▲ 0.95% SANTANDER BR 5.45 ▲ 0.74% AMBEV ADR 3.14 ▲ 0.96% CSN 1.09 ▲ 9.00% GERDAU 4.77 ▲ 2.69% LATAM ADR 51.22 ▼ 0.68% BTC 65,006 ▼ 1.66% ETH 1,903 ▼ 1.57% SOL 76.77 ▼ 1.46% XRP 1.11 ▼ 2.49% BNB 568.05 ▼ 0.47% ADA 0.17 ▼ 1.27% DOGE 0.07 ▼ 3.40% AVAX 6.46 ▼ 2.37% LINK 8.50 ▼ 1.38% DOT 0.81 ▼ 2.30% LTC 46.75 ▼ 0.68% BCH 214.55 ▼ 2.46% TRX 0.33 ▼ 0.69% XLM 0.18 ▼ 2.72% HBAR 0.07 ▼ 1.03% NEAR 1.89 ▲ 0.97% ATOM 1.44 ▼ 1.74% AAVE 96.15 ▼ 1.24% SELIC 14.25% EMBRAER 82.84 ▼ 1.13% EMBRAER ADR 66.05 ▲ 0.89% JBS 12.25 ▲ 2.51% JBS BDR 62.05 ▲ 0.40% MBRF3 16.08 ▲ 0.31% MBRFY 3.18 ▼ 0.31% INTER 5.69 ▲ 1.97% EGX 53,932 ▼ 0.11% USD/ZAR 16.68 ▲ 1.65% USD/NGN 1,370 — 0.00% NIKKEI 66,423 ▲ 0.46% CSI300 4,728 ▲ 0.23% HSI 25,211 ▲ 1.28% NIFTY 23,870 ▼ 0.53% KOSPI 7,097 ▲ 4.40% JCI 6,315 ▼ 0.30% USD/JPY 163.77 ▲ 0.42% USD/CNY 6.7641 — 0.00% DAX 24,807 ▼ 1.39% CAC 8,292 ▼ 1.72% FTSE 10,617 ▼ 0.93% MIB 51,398 ▼ 2.64% IBEX 19,281 ▼ 1.48% STOXX 637.88 ▼ 1.40% EUR/USD 1.1382 ▼ 0.24% GBP/USD 1.3336 ▼ 0.30% SPX 7,414 ▼ 1.13% DJI 51,704 ▼ 0.99% NDX 28,998 ▼ 0.54% RUT 2,960 ▼ 0.92% TSX 35,365 ▼ 0.34% VIX 19.28 ▲ 15.87% USD/CAD 1.4079 ▼ 0.02% US10Y 4.7100 ▲ 1.14%
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Thursday, July 23, 2026

Africa Eastern Africa

Ethiopia’s First Female President Steps Down, Ushering in New Leadership

By · October 7, 2024 · 2 min read

Africa Intelligence

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Ethiopia experienced a significant political shift on October 7, 2024, as Sahle-Work Zewde, the country’s first female president, left office. Her departure came after serving since 2018 and amid speculation about tensions with the government.

The Ethiopian parliament swiftly appointed Taye Atske-Selassie as the new president. Taye, a seasoned diplomat, previously served as Ethiopia‘s UN envoy and Foreign Minister. He took the oath of office in a brief ceremony in Addis Ababa.

Sahle-Work’s presidency marked a historic moment for Ethiopia. Her appointment in 2018 symbolized broader changes in Ethiopian society, part of Prime Minister Abiy Ahmed‘s early reforms.

During her tenure, Sahle-Work advocated for gender equality, peace in the Horn of Africa, and climate action. However, her role faced limitations. The Ethiopian presidency is largely ceremonial, with executive power held by the prime minister.

Critics noted her perceived silence during the Tigray conflict and Amhara unrest. Rumors of disagreements with Abiy Ahmed’s government circulated in her final year.

Ethiopia's First Female President Steps Down, Ushering in New Leadership
Ethiopia’s First Female President Steps Down, Ushering in New Leadership. (Photo Internet reproduction)
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Sahle-Work’s legacy is mixed. Her presidency showcased both progress and ongoing challenges for women in Ethiopian politics.

Women’s Representation in Ethiopian Politics

Women’s representation in parliament has increased slightly, but they remain underrepresented in many leadership areas.

Taye Atske-Selassie brings extensive diplomatic experience to his new role. Born in the Amhara region and educated in Political Science and International Relations, he has served in various diplomatic posts.

His presidency begins against a backdrop of ongoing ethnic tensions and the need for further reforms. Sahle-Work’s exit also impacts female leadership in Africa.

Tanzania’s Samia Suluhu Hassan now stands as the continent’s only female head of state. This highlights the ongoing struggle for gender parity in African politics.

As Ethiopia moves forward, it faces both opportunities and obstacles. The transition underscores the dynamic nature of African politics and the importance of promoting inclusive governance.

It also serves as a reminder of the ongoing challenges in addressing long-standing issues and achieving equal representation in leadership roles.

Part of our ongoing coverage

Africa: The New Scramble — the great-power contest over the continent.

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