Abiy Ahmed Ethiopia
Ethiopia is set to reclaim double-digit economic growth this fiscal year, with the government lifting its GDP forecast to 10.2% as IMF-backed reforms begin to pay off. By liberalizing foreign exchange markets and opening key sectors like banking and telecom to investors, the country has eased dollar shortages and boosted business activity. Export earnings have surged, with merchandise shipments hitting $5.1 billion in the first six months of 2025, helped by record coffee prices and a dramatic rise in official gold exports. Ethiopian Airlines has also fueled momentum, posting sharp passenger growth. While the country continues to restructure its debt after a eurobond default, officials say reforms are stabilizing the economy and laying the groundwork for more diversified, resilient growth.
Bloomberg