Thursday, June 10, 2010

Facts about Ethiopian industry

5. Ethiopia is fertile and well-farmed. Food processing and agribusiness ought to be a growth sector, right? So strives the national economic strategy. Unfortunately the coast is far away and transport costs alone exceed the international price of most food products. Plus the coasts are controlled by your enemy, a failed state, and a greedy mini-state eager to charge you through the nose. Time to focus on high value-add products?
-Chris Blattman

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