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Economy

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Ethiopia’s Costly Choice: How Political Arrogance Cut Addis Off From the Red Sea

For years, Ethiopian officials and state-aligned media have repeated a striking claim — that the country spends enormous sums each year on port access through Djibouti because Eritrea allegedly denied it a route to the Red Sea. The narrative, now echoed across speeches and social

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Eritrea, Oman Deepen Trade and Investment Ties

Eritrea and the Sultanate of Oman have agreed to strengthen bilateral trade and investment cooperation, following high-level talks held in Muscat between senior government officials from both nations. The Eritrean delegation, led by  Mr. Nusreddin Mohamed Saleh , Minister of Trad

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Ethiopia’s Debt Deadlock: Abiy’s Default Nation Hits the Wall

It’s official now. Ethiopia’s economic “renaissance” has gone from sales pitch to slow-motion crash. Reuters confirmed this week that Addis Ababa’s debt restructuring talks have collapsed — bondholders walked out, the government admitted defeat, and legal action is on the table.

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