Africa

Ethiopia in Transition – The Economics of Abiy’s Prosperity – Abenomics?

The past four years might be the most eventful year for Ethiopia since the turn of the century. A popular uprise stretching from 2014 to 2018 brought radical change to the Ethiopian political system bringing a new administration led by Prime Minister Dr. Abiy Ahmed to the helm of state power. On April 2nd, 2018, …

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Ethiopia’s AGOA-EXIT: looking beyond the headlines

The Biden administration has recently announced Ethiopia’s suspension from the African Growth and Opportunity Act (AGOA) along with two other African countries, citing “gross violations of internationally recognized human rights” as a cause for suspension. AGOA aims to remove trade barriers and grant Sub-Saharan African countries unrestricted access to the U.S. market while incentivizing African governments to liberalize their …

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