Ethiopia Economic Re-Balancing

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The Ethiopian economy there is slowly transitioning from dependence on agriculture to manufacturing. A recent report shows the industrial sector has grown by 20 percent over the last 5 years. And as Cctv's GIRUM CHALA reports, the country is eyeing the continent's top slot in light manufacturing, by 2025.
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Ethiopia is on the right track, hope Obama's visit will increase investment & trade. Black America is watching, so keep it up Ethiopia and lead Africa!

beautyarchives
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cheap labor that's why factories are moving to Ethiopia but who knows when things might change ? it's like Bangladesh, Sri Lanka, Mexico etc with cheap labor

imhotep
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The problem with Ethiopia- like many other African nations is high birth rate. You cannot solve poverty issues by having more babies that the economic systems cannot support.If Ethiopia can curb rapid population growth rate and develop at the rate they are doing now the future can be very bright. And this also goes to other African countries.

davismate
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cheap labor that's why factories are moving to Ethiopia but who knows when things might change ? it's like Bangladesh, Sri Lanka, Mexico etc with cheap labor

imhotep