The official amount of Ethiopian diaspora annual remittance injection is $ 7 billion USD. If one adds all of other unrecorded remittance injections, we are talking about $ 10 billion USD per year. Not a small change! This is what is fueling the amazing level and speed of growth. It is hard to believe where all these high rising building come from! Not only the money to build them but the people who rent out these millions of office spaces.
Ethiopian government negotiated with IMF for 3 years to borrow 3 billion USD. The Ethiopian diaspora sends 3 times that amount in a single years. This is the secret of Ethiopian growth explosion. And, this massive diaspora financial power can only grow in the future. As the economy liberalizes, more diaspora wealth will flow into Mother Ethiopia!
I can only say Ebo! Yebo! to that!
Re: Ethiopia is one of the top five economic powers among the 54 African countries.
Just a whistle of good news about Ethiopia, and here come the usual crowd of anti-Ethiopians, swarming in from the woods. Classic!
Re: Ethiopia is one of the top five economic powers among the 54 African countries.
FYI, no one can hate or feel jealous of a shithole, which is synonymous with famine in the minds of people across the globe and is the largest recipient of food aid in Africa and among the largest recipients in the world to date, where its children eat from the garbage at dumpsites.
Whom do you think your little chicken brain can fool, when you're posting a couple of streets with street lights and traffic lights? Do you think we're Eskimos who've never heard about your shithole? Can't your tiny brain guess that we know that over 80% of Addis is a slum?


Whom do you think your little chicken brain can fool, when you're posting a couple of streets with street lights and traffic lights? Do you think we're Eskimos who've never heard about your shithole? Can't your tiny brain guess that we know that over 80% of Addis is a slum?

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Agazi General
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Re: Ethiopia is one of the top five economic powers among the 54 African countries.
WAWWW MY ELDERLY, BITTER, FURIOUS, TRANS PERSON ABYSSINIALADYBOY AKA ZOOMALI MAN AKA KERENITE AKA EDEN AKA SARCASM AKA DAMA, IS DEDICATED 2 INSULTING ETHIOPIA Z COUNTRY ZAT INFLICTED Z GENOCIDE ON OUR BEAUTIFUL INNOCENT TEGARU PPL