Addis Fortune (Addis Ababa)
10 Juin 2008
Despite a gap of a few percentage points, both the government and analysts from the IMF agreed that Ethiopia is to register yet another impressive growth in its GDP. But that is long before the economy began to suffer from the loss of electric power twice a week. How much of an impact will loss of productivity have on the GDP? Haftamu Tafere, Special to Fortune, has looked into the issue.
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It seems to be a common problem in Africa. I know that power cuts are a common problem that plights Zimbabwe and several other African countries that struggle with their power distribution. It is a serious problem facing African markets that try to project themselves as successful emerging markets in the world wide commercial market place. It is interesting to see and read what one country is doing about it. Great article. http://robertstrobel.wordpress.com/