ASSESSMENTS
Unlocking the Power of Potash in the Horn of Africa
Jan 7, 2020 | 10:30 GMT
(Joel Santos/Barcroft Media via Getty Images)
Highlights
- Ethiopia's recent peace deal with Eritrea, along with its ongoing liberalization push, are creating new opportunities to extract potash along the two countries' borders.
- Growing global demand for fertilizer, as well as the high-grade quality of Eritrea's and Ethiopia's reserves and their proximity to shipping lanes, will continue to drive foreign investor interest.
- But political instability, unresolved regional disputes and local ethnic tensions risk thwarting Addis Ababa's and Asmara's ability to fully capitalize on the potential multimillion-dollar windfall.
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