This is the lates imf gdp numbers for Ethiopia showing how fake their economy was now from 200 billion in 2023 to 120 in 2024 to 120 or even less in 2025
And there were some who claimed Ethiopia will become the next Egypt looool. They won't even reach Nigeria's level.
Ethiopia was always a paper tiger
You don't have permission to view the spoiler content. Log in or register now.
As long as their GDP growth rate is okay I don't think debt will be a huge issue for them. Countries like Egypt and even the United States have debts that dwarf any African country.It's because of Ethiopia and their western/zionist enablers that the region is like this.
It's not Eritrea and Somalia that's at fault. If Somalia was at the helm, with a locally derived government it would usher into wealth and prosperity.
By Bantu you mean other African nations, they are just as broke if not even broker than Somalia and Ethiopia believe it or not .
Kenya has the highest debt , with a 70% debt to GDP ratio in the continent.
Kenya will likely default on its debt they can't afford to pay back.
Kenya has the highest debt in East Africa, with a 70% debt-to-GDP ratio. They are unable to repay the debt, and they rejected the new finance bill 2024, which called for their government to tax the people excessively in order to payback their debt. As a result, they will probably default, which...www.somalispot.com
They like other African countries like Ghana continue to default o debt payments, which shows how broke they are and the inability to repay their loans.
As long as their GDP growth rate is okay I don't think debt will be a huge issue for them. Countries like Egypt and even the United States have debts that dwarf any African country.
Somalia thankfully doesn't have debt issues but its still plagued by low GDP/per capita growth.