Ethiopia will become Africa's manufacturing hub

[Gilgamesh]

Once automation kicks in, countries with huge populations will be decimated, but u have to ask urself, how cheap do u have to pay ur workers to beat automation? It's truly a race to the bottom

It's impossible. Even free labour(slavery) wouldn't be enough due to shipping costs involved.

Developing countries are going to have to make the jump from primary(resource extraction)

straight to service and Knowledge based economies which is extremely difficult and much slower.

 

[XamarCade]

It's impossible. Even free labour(slavery) wouldn't be enough due to shipping costs involved.

Developing countries are going to have to make the jump from primary(resource extraction)

straight to service and Knowledge based economies which is extremely difficult and much slower.

That's why we're lucky to have ports, we would kill them with shipping costs for little overhead costs, plus once we get our shit together, Ethiopia is a huge market for us, even better once we start producing fuel.

 

[Menelik III]

Once Ethiopia develops further it will shift from light manufacturing to heavy duty manufacturing and services. I don't see full automation happening for the next 20-30 years. We have time.

 

[Ras]

Ethiopia funded the building of these projects (industrial parks) through the selling of Eurobonds. We currently don't have Ethiopian businesses large enough to operate all these sheds, the sheds were built by the Ethiopian METEC company. 30% of these parks are allocated to domestic businesses, these are models to show that manufacturing is possible so that more domestic business people invest in it.

Manufacturing was always possible but the Government doesn't make it easy for private businesses there. They probably just want some case studies for foreign investors. Those investors are only interested in a quick buck not the overall growth of the economy... you need domestic entrepreneurs for that.

 

[Menelik III]

Manufacturing was always possible but the Government doesn't make it easy for private businesses there. They probably just want some case studies for foreign investors. Those investors are only interested in a quick buck not the overall growth of the economy... you need domestic entrepreneurs for that.

There are domestic investors, but they are currently investing in construction and the service industry. You can force people to invest In projects that they have little information or know how on. it's doubtably a great start.