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I'm not a cheerleader for Chinese businesses in Africa - but when they start leaving a country it sends a strong signal. Ethiopia's internal instability is hurting investment, the economy, the nation's regional power, and more. Needs urgent resolution.

Tibor Nagy
@TiborPNagyJr

Former US Assistant Secretary of State for Africa, US Ambassador to Ethiopia

https://x.com/TiborPNagyJr/status/1841210567102546214

When a country is ruled by the whims of one person, consistency and compatibility of policies across all levels and over short and long term is impossible. Investors and innovators cannot plan for a year let alone for a long term.


"Investors say policy inconsistency on customs regulations and trade logistic issues are also major pain points for them according to Hibret Lemma, CEO of the Investor’s Association at Hawassa Industrial Park, the largest government-owned park."

https://www.semafor.com/article/06/12/2 ... ation-push