Ethiopia, a nation of vast resources and resilient people, has made headlines in recent years not only for its ambitious economic growth but also for the daunting crises threatening to reverse its progress. Ethiopian economy, once among the fastest-growing economies in Africa, with a decade of remarkable annual growth averaging 9.5%, saw a slowdown in…
by Yohannes Tesfaye As Egypt Bolsters Somalia’s Military, A Regional Power Struggle Unfolds Amid Sudan’s Civil War, Ethiopia’s Insecurity, and Eritrea’s Strategic Ambitions Egypt’s recent decision to send heavy military equipment to Somalia has raised eyebrows across the region and beyond. While the move might seem like a routine gesture of military support, it carries…
Ethiopia, a nation frequently spotlighted for its rapid economic growth, presents a compelling case study in the disparity between GDP growth and genuine economic development. Lauded by global institutions like the International Monetary Fund (IMF) for its impressive GDP figures, Ethiopia’s economic story is far more nuanced and complex. The country grapples with high inflation,…
In a country like Ethiopia gripped by economic collapse, widespread unemployment, and the aftermath of a devastating war, the government’s motto stands in stark contrast to the daily reality of its citizens: “Prosperity.” As bombs continue to fall and militias wreak havoc in the regions, the capital city glimmers with new LED lights and flashy…