Ethiopia: The Road to Recovery – Nicholas J. Pascal, Partner at Vedder Price
For over a decade in the 2010s, Ethiopia was widely regarded as one of Africa’s most promising economies, averaging economic growth of nearly 10% per year per capita according to data from the World Bank. More recently, Ethiopia has faced multiple shocks that have considerably slowed its economic growth, including civil unrest, the COVID-19 pandemic and adverse climate events. Despite these significant challenges, it appears that Ethiopia is now on the road to recovery with…
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