Ethiopia: Africa’s next powerhouse? - News Summed Up

Ethiopia: Africa’s next powerhouse?


Since Ahmed’s emergence as prime minister, there has been a sweeping political opening with indications that economic reforms will be almost as significant. If Ahmed is able to succeed with his reforms, Ethiopia will emerge as one of Africa’s undisputed leaders. Reforming the economyThe prime minister has ambitious plans for the economy. Currently, there are five government-built industrial parks that have created about 45,000 jobs for Ethiopians and four private industrial parks. In some instances, the industrial parks have performed well, such as the Bole Lemi industrial park outside Addis.


Source: Ethiopian News March 26, 2019 15:00 UTC



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