Ethiopia Perfect Partner for Development, Investment in Africa: American Analyst

Ethiopia Perfect Partner for Development, Investment in Africa: American Analyst

With its enormous comparative advantages, Ethiopia is a perfect partner for development and investment in Africa, the American political-economic analyst Lawrence Freeman said.

Freeman, who is known for closely following Ethiopian affairs, told ENA that the two-year long war in the northern part of Ethiopia has come to an end and swept the way for development and investment to the east African nation.

More importantly, the relative peace that Ethiopia has been enjoying after the Pretoria accord has created a conducive environment to reinforce efforts on reconstruction, recovery and investment activities, the analyst noted.

Everybody is happy that the war is over, Freeman said, adding that there is now going to be a process of reconstruction that could be used as a means to expand the entire Ethiopian economy.

The European Union (EU) as well as its member countries and the United States have now been normalizing their bilateral ties with Ethiopia, a country considered a longstanding diplomatic partner of the West.

The American analyst further pointed out the need to enhance financial support and maximize investment beyond a geopolitical interest in Ethiopia.

 

By ENA

https://www.ena.et/web/eng/w/eng_2871200#:~:text=Ethiopia%20Perfect%20Partner%20for%20Development%2C%20Investment%20in%20Africa%3A%20American%20Analyst,-3&text=Addis%20Ababa%20May%2030%2F2023,economic%20analyst%20Lawrence%20Freeman%20said.

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