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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 ne

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 fraction of the population contributing to the national or municipal coffers. You can't grow your population so rapidly, with so few resources and expect standard of living increases equivalent to the west. With that you can't expect the stability of the west. They will inevitably keep looking to officials who will promise the earth with no hope of delivering. ^ https://m.news24.com/Africa/News/under-siege-somalia-moves-to-reform-its-army-pay-troops-20190726 https://m.news24.com/Africa/News/under-siege-somalia-moves-t...

dependsontheq 7y ago
The article is about Somalia, this thread is about Ethiopia both are at very very different stages at this moment.
Nasrudith 7y ago
Except living standards are improving in Africa and have been for a while outside actively unstable regions. 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.
- yardie 7y ago
  I have a few funds invested that target Africa. They have consistently underperformed even in this bullish market. But like a compulsive gambler I hang onto them wishing and hoping this time things are going to turn around. Africa may be a good investment, but the inflection point may take decades to arrive.
  - orwin 7y ago
    You might want to target eastern Africa. Not all countries, but Ethiopia and maybe some countries in the EAC (especially if the constitution is accepted by all). As long as western Africa does not break free from the CFA, i don't see any equivalent there anytime soon.

dependsontheq 7y ago

The article is about Somalia, this thread is about Ethiopia both are at very very different stages at this moment.

Nasrudith 7y ago

Except living standards are improving in Africa and have been for a while outside actively unstable regions. 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.

yardie 7y ago
I have a few funds invested that target Africa. They have consistently underperformed even in this bullish market. But like a compulsive gambler I hang onto them wishing and hoping this time things are going to turn around. Africa may be a good investment, but the inflection point may take decades to arrive.
- orwin 7y ago
  You might want to target eastern Africa. Not all countries, but Ethiopia and maybe some countries in the EAC (especially if the constitution is accepted by all). As long as western Africa does not break free from the CFA, i don't see any equivalent there anytime soon.