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Horn of Africa economy

Latest Horn of Africa economy coverage and analysis.

Eritrea 2026: The Myth of the ‘Closed Economy’

The article challenges the narrative that Eritrea has the most closed economy in Africa, arguing instead that it follows a sovereignty-first development model. It critiques the oversimplified views on national service and economic structure, emphasizing strategic gatekeeping.

Eritrea Land Restoration Project Wins GEF Climate Funding

The Global Environment Facility has approved a US$77.6 million funding package for climate and nature projects, including a land restoration initiative in Eritrea. This project aims to combat land degradation and enhance climate resilience in the country.

Ethiopia's Growth Story Hits the Wall of Debt Reality

Ethiopia's economic narrative faces challenges as private bondholders reject the government's debt restructuring proposal. Despite claims of growth and self-sufficiency, data reveals ongoing debt distress and reliance on imports, undermining the government's optimistic portrayal.

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