Ethiopia: Collective Good - Fruit of Individual Success

column

It is not hard to explain why Ethiopia's economy remains uncompetitive. It is because businesses are not allowed to compete. When they do, it is with local firms that seldom present a threat given the enormous demand that exists. If one loses a customer, there is always another just around the corner. This is how the financial sector operates.

But as in politics, Ethiopia's economy is a walking contradiction. While we celebrate that we are one of the biggest recipients of foreign direct investment (FDI) in Africa, significant chunks of the service sector remain closed. In some cases, such as telecom, largely even to local investors.

...

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.