assessments

Eritrea Creaks Open the Door as Fears of War Recede

Oct 12, 2018 | 09:00 GMT
The harbor in Massawa shows some of what Eritrea has to offer to investors as a transportation hub and tourism magnet.

A picture taken on July 22, shows a private boat with the Eritrea flag in Old Massawa harbor, 60km of the Eritrean capital Asmara. - Eritrea's dormant port hopes for revival after Ethiopia and Eritrea in July 2018 declared an end to two decades of conflict, rapidly restoring diplomatic ties and flights between their capitals. Decades of conflict, sanctions and isolationist policies have seen trade shrivel up in the port city, whose harbor is still lined with bombed-out buildings from Eritrea's war of independence from Ethiopia, achieved in 1993. 

(MAHEDER HAILESELASSIE TADESE/AFP/Getty Images)

Better ties with archenemy Ethiopia are opening up business opportunities in Eritrea, but the long-closed country will need to reform before investment arrives in earnest....

Article Search

Copyright © Stratfor Enterprises, LLC. All rights reserved.

Stratfor Worldview

OUR COMMITMENT

To empower members to confidently understand and navigate a continuously changing and complex global environment.

GET THE MOBILE APPGoogle Play