Meron Okbandrias

Eritrea under sanction . Content Warning.

Eritrea has been in the doldrums economically for the last twenty years. One of the reasons for its bad performance is the sanctions that the country has been under. Mainly, it is bad management of the economy, essentially shutting down the country to any foreign direct investment except in the mining sector. The country was stuck in no war, no peace, until 2018, when it signed a peace agreement with its neighbour Ethiopia, with which it has been on a war footing for over 20 years.