Spotlight | Ethiopia
Abiy Ahmed's loyal allies tasked with keeping the money coming

Ethiopian Prime Minister Abiy Ahmed Ali.
Ethiopian Prime Minister Abiy Ahmed Ali. © Florian Gaertner/Picture Alliance/Photothek/Newscom/MaxPPP
Advised by a tight-knit circle of trusted allies, Ethiopia's prime minister Abiy Ahmed has borrowed extensively from the central bank. That strategy looks increasingly precarious as the country's economic situation grows ever more fragile and inflation reaches unprecedented levels. [...]
Published on 11.04.2023 at 04:40 GMT Reading time 4 minutes
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