Monday, September 29, 2014

Ethiopians struggle despite economic boom


Country is still one of largest recipients of foreign aid despite having one of world's fastest growing economies.
Ethiopia has one of the fastest growing economies in the world, according to the IMF and the World Bank.

The country is rapidly industrialising and receives increasing attention of foreign investors, such as China.

Yet it remains one of the largest recipients of foreign aid, one third of the population earns less than $1 a day and outside competition can hurt local businesses.

Al Jazeera's Catherine Soi reports from Addis Ababa.