BMI View: The production prospects look broadly favourable for the Ethiopian agriculture sector over the medium term. This will largely be due to more investment in the sector along with higher incomes contributing to consumption growth. We believe the sugar sector has the most potential, as investments in new sugar refineries will make sugar one of the few reliable agricultural exports over the forecast period. We see relatively pedestrian output growth for Ethiopia’s coffee sector, as we are anticipating lower average global prices in the coming years. In terms of grains, the country’s food security is expected to remain relatively …
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