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Barren landscapes. Desert like conditions. Extreme poverty. Owing to extensive media coverage such terms are universally called upon in the characterization of Ethiopia. But pause for one moment here and search online for images of capital city Addis Ababa.
Was this what you were expecting? The global revival of the financial market, demand for new investment prospects and the strengthening of the country’s economy have, it seems, tipped Ethiopia as an attractive opportunity for foreign investors, and the effects of this have started to become evident. Currently ranking as Africa’s ninth largest economy Ethiopia can also consider itself as the continent’s fastest-growing, with figures from the IMF and the nation’s government suggesting a growth in GDP of between 5 and 10 percent over the past seven years.