Ethiopia’s Economy in 2021

“Investment, be it local or foreign, is unthinkable in 2021 as investor confidence has been eroded due to political uncertainty, a situation which may lead to an increase in unemployment rate and disruption of local supply chains that may result in a high inflationary pressure. So if the country becomes stable, it will be a year of a slight recovery from the crisis that we faced so far, but the chance of that happening is also very low as there is no end in sight for the political crisis,”