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7 November 2024

The Horn Of Africa States: A Resource Rich Region – OpEd

Dr. Suleiman Walhad

When discussing the economies of the Horn of Africa States region, as is the case with the rest of Africa, almost all analysts always talk in terms of unverified and unfiltered bad economic indicators. Major topics include among others anaemic economic growth levels, low per capita incomes, widespread poverty, and low GDP numbers. These reports are stubbornly repeated, which colors the region as eternally sick.

This leads to the continuous political upheavals in the region, which take on different colors, mostly ethnic, but also religious at times, such as the terrorism in the region would indicate. It is a sad story of the region, but the rest of Africa is not much different, in this respect.

The Horn of Africa States region is home to over some 160 million people and they all still live and thrive, and the number is still growing. This must be an indication that this large population is still engaged in different kinds of economic activities – trade, farming, agro-pastoralism, fishing and some kind of manufacturing and services. The measures reported, therefore, do not truly represent the actual economic activities of the region, as at least a majority of the economic activities of the population are not reported which, therefore, falsifies and negates the numbers given on the region and elsewhere in Africa.

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