African Journal correspondent, Linda Muriuki, is reporting on the economy of Eritrea. She is talking about the geological resources of Eritrea and the role they could play in developing Eritrea’s economy.

Further, she is mentioning that analysts are predicting a mining boom in the country.

The video shows that this view is shared by Eritrean authorities, who want to develop the sector in a sustainable manner.

The government wants to prevent the so called “Resources Curse”, which is a terminology for incidents where minerals and oil have fueled violence and corruption in Africa.

The report is also highlighting that many of the Eritrean Diaspora are avoiding Eritrea, because of reports about human right abuses within the country. Nevertheless, the Diaspora is supporting Eritrea in monetary terms and is contributing to rebuild the infrastructure.

Mrs Muriuki makes the remark, “Although Eritrea has not always let in the outside world, it is now starting to open up “.

A comment, which gives hope that things are moving into the right direction in Eritrea. The first step towards opening up Eritrea to the outside world can be seen in the coming Free Trade Zone, which is going to abolish many trade barriers as an incentive for foreign companies.

Eritrea is hoping to become a strong economy in the region and for future generations this might change the perception of Eritrea in the world. Watch the Video by Reuters (”Eritrea Opens Up”).

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