Without question, Africa is the world’s poorest continent.
African nations have consistently ranked lowest amongst nations of the world in terms of various socio-economic or development measures 1. These failures can be attributed to a wide-range of causes including historical factors, socio-political dynamics, ethnic based rivalries, internal mismanagement, and debilitating external meddling. Continue reading Eritrea: Natural Resources and Development→
Over 8.3 Billion Dollars left Ethiopia in an illicit manner in the past 18 years since 1990, an amount comprising an average 3.6% of its GDP, a damning and first of its kind study, conducted by the United Nations Development Programme (UNDP), revealed last week.
Ethiopia is one of the top 10 out of the 45 least developed countries (LDCs).