I wish them luck. I'm a sort of history buff and Ethiopia has an amazing history. It's been a state (in various forms and with different names) for more than 2000 years, in a part of the world where such stability has been scarce. It has its own ancient alphabet. It was the only country in Africa to resist the Scramble for Africa and was only occupied by Italy for less than 10 years (after putting the Italian Army to…
A couple of months ago they weren't even paying their soldiers^. The country is overrun by Islamic Extremists killing and terrorising at will. See the daily news. Africa's population growth is fundamentally destroying any hope they have for stability or progress. People emigrate to informal settlements near major cities in an uncontrollable/unaccountable way destroying delicate balances of resources with only a tiny…
Underdeveloped Africa is actually a good but risky place to invest partly because or diminished returns run backwards - smaller investments can get bigger returns but they are more vulnerable to things like economic downturns. And fortunately that also boosts efficiency to sustain the resource needs.