One of the longest economic booms anywhere in the world in recent years has transformed the lives of tens of millions, and opened commercial opportunities unimaginable a generation ago. Growth rates have averaged about 10% for a decade, and most agree poverty has declined steeply
A vast dam – one of several enormous hydroelectric power projects guaranteeing cheap electricity – and a new railway from the capital Addis Ababa to Djibouti, the Red Sea port 750km away, opened in December. The national airline – once shunned – now flies new aircraft daily to destinations across south and east Asia, turning Ethiopia into an intercontinental hub.
Read the full article here: The Guardian.
