Ndii Paints Ethiopia Black

[vooke]

They are hoping to convert some of 5-8B dollars they spent importing oil/petroleum to electricity (electric trains for starters) and secondly they want to export to Sudan & Kenya - and earn 1B dollars. You know Uganda earn anything around 100M dollars exporting to Kenya.

Where will they take all that power?

[hk]

Ethiopia growth is real. It's breathtaking. And we need to borrow from it. Before this gov expenditure/investment growth; ethiopia was a classical basket case dealing with famine; in 1984 - 400,000 people died from famine - digest that - in 90s - ethiopia GDP was 6B dollars...now it 86B dolllar!

Private consumption data - Look at cement production & consumption - Ethiopia came from nearly bottom - to now 3 in SSA. Way ahead of kenya.

Cement consumption has obviously increased because the government is building like crazy, it'd be nice if there was available data on actual private consumer consumption. Real growth increases incomes that result in expanding consumer economy.

[RV Pundit]

I think if you check sugar, beer, name it, consumption is nearly where kenya is - despite the fact that kenya is uniquely private consumption ran economy. If you check beer - they are producing and consuming around 12M hectoliters - that lots of consumed beer - Kenya is around 10M hectolitres -and Nigeria around 16M - with South Africa - twice or thrice that.

Private consumption data - Look at cement production & consumption - Ethiopia came from nearly bottom - to now 3 in SSA. Way ahead of kenya.