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AFRICANGLOBE - Ethiopia is now widely considered to be one of a pack of “African tigers”, with ambitious plans to become a middle-income country by 2025. The nation has, “like the proverbial phoenix, managed to rise from the ashes to become Africa’s fastest-growing non-energy-driven economy”.
AFRICANGLOBE - Research is showing that Ethiopia is creating millionaires at a faster rate than any other country on the continent. The number of dollar millionaires in the east African nation rose from 1,300 in 2007 to 2,700 by September this year, according to New World Wealth, a consultancy based in the UK and South Africa.