Eritrea - Ministry of Information

Among the matters that are disrupting the peace and stability of the Horn of Africa, the occupation over or invasion of the sovereign territory of Eritrea as yet stands foremost. Despite the scourge of conflict that was fabricated to have broken out as a border dispute in 1998 was adjudicated following the EEBC ruling in April 2002, an implacable hindrance by the Administration in Washington has held the verdict back from execution clouding the crisis over, and thus, keeping the peoples in the Horn region hostage.

20th Summit of the African Union, which was convened in Addis Ababa, has been a major media event this week. The African Union having adopted grand goals 50 years ago, formerly Organization of African Unity–OAU–is one of the paramount communities across the globe that set out to vindicate its continental representativeness for political and economic development.

Statistical forecasts and assessments regarding economic developments of nations around the world are issued on every threshold of New Year. Although these annual forecasts of economic growth somehow reflect on timely economic activities of countries, the repercussion of development and prosperity of the countries around the globe cannot be accurately defined in due course of time. Surprisingly, some of the statements are concocted statistical forecasts hyped for purposes of PR exercises with a view to providing distorted image.

Tourists from all over the world, who have paid homage to Eritrea for many reasons, have been attesting to the accessible enabling environment for investment. On top of vast and virgin investment opportunities, asserting the fact that Eritrea is continuously growing a place of interest for investors owing to several other factors is not an overstatement, but rather is an averment of the reality.