Browsing: US-Ethiopia relations

Ethiopia economy is a stake due to conflict
  • Ethiopia is one of the largest countries in Africa
  • The US has a long diplomatic relation with Ethiopia dating 1903
  • Ethiopia is building a hydroelectric dam that will generate 5,000 megawatts of electricity

Ethiopia economy is one of Africa’s fastest-growing economies with a GDP projected to trend around US$ 112 billion, representing at least 0.10 per cent of the world economy.  Thus, US-Ethiopia relations have presented rather effective diplomatic potential for one of the populous nation in the region.  

The East African nation has made noteworthy and tremendous economic improvements which have seen the nation’s GDP per capita rise from US$162 in 2005 to US$790 in 2018, an average annual growth rate of more than 14 per cent, according to information from the US Department of State. 

Ethiopia with its rich history has recorded substantial economic strides over the past decade, and the United States of America (USA) is one