- PII
- S0321-50750000617-4-1
- DOI
- 10.31857/S50000617-4-1
- Publication type
- Article
- Status
- Published
- Authors
- Volume/ Edition
- Volume / Issue 6
- Pages
- 56-57
- Abstract
- Ethiopia, which the mass media names more and more often «The African lion», topped the list of not only as the fastest growing economy in Africa, but also of the African country with the most quick-growing number of millionaires.Specialists note that it is a result of a record GDP growth of Ethiopia. During the last six years it increased by 93% (for comparison, Egypt’s GDP growth over the same period was81%, and Angola - 61%).It is noteworthy that unlike most other African countries, where economic growth is driven by the development of the mining sector, in Ethiopia «growth drivers» are agriculture, transportation, manufacturing and services. Investing into these sectors, «new Ethiopians» make millionaire fortunes.
- Keywords
- Africa, Ethiopia, fast-growing economies, Mohamed Al-Amoudi
- Date of publication
- 01.06.2014
- Number of purchasers
- 1
- Views
- 989