Chris Blattman highlights a report which stated that:
Without much notice,agriculture recently ceased to be the largest sector in the economy for the first time in Ethiopia’s history. This heralds a major structural transformation of the economy and we forecast that the services sector—which covers real estate, hotels, transportation, communication, banking, health and education—will make up more than half of Ethiopia’s GDP in just two years time, a development with many implications and opportunities for Ethiopian business.countering that rosy picture he asserts:
...the big risk, for me, is succession. The Prime Minister claims he’s going to step down in five years, but we’ve heard that from him before. Like Kagame and Museveni, I doubt he is leaving anytime soon. While the drug trade worries me most in West Africa, in East Africa I worry about the leaders with endless terms and no plan for succession...To hang onto power, the leader must undermine institutions, even his own party, and personalize power. His fear that he is the only man to run the country becomes self-fulfilling, for the cabal and not the greater institution is what holds the state together.
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