(AP Photo)NAIROBI, Kenya -- Once home to one of Africa’s fastest-growing economies, Ethiopia is struggling as the war in its Tigray region has reignited and weary citizens far from the front are pleading for peace. But the war in the northern Tigray region, which began in late 2020, has caused immense disruption. The finance ministry has declined to approve the financing of three industrial parks, symbols of Ethiopia’s China-like development, citing “budgetary pressure.”Instead, the economy has shifted to a war focus. The finance ministry now pleads with the public and Ethiopia’s large diaspora to contribute to a “national cause” for war reconstruction and aid. Some state-run sectors of Ethiopia’s economy continue to open to investors, as Abiy promised after taking office.

Source: Ethiopian News September 13, 2022 08:39 UTC